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Financial Highlights
Gestamp Solar is part of a European Multinational, leader in Steel Services, Automotive Components, and Renewable Clean Energy. Corporación Gestamp guarantees absolute financial solvency.
In 2011 Gestamp Solar participated in the development of more than 400 MW photovoltaic solar installations. Our level of activity was of 240 Mn in 2010 with an EBITDA of 18.2%. We have a Project Portfolio of 750 MW in the U.S., Italy, Spain, France, India and South Africa.
Our aim is to continue expanding our business to those countries that meet the safety, climate and growth conditions for the viability of such projects.
Gestamp Solar´s Investments 2011-2013
We project a turnover of 500 MM € in 2013.
- 2008: We began our activity in Spain with a great amount of trust and started our internationalization in Italy.
- 2009: We faced a transition period with lower activity in Spain, new projects in Italy, and the exploration of the U.S. market.
- 2010: We boosted our investment in new international projects by creating an important portfolio in the U.S., strengthening the Italian projects and starting operations in new markets like France, India, South Africa, and Peru.
- 2011: We expect the benefits of investment and operational activities conducted in previous years, while developing new projects and new markets.
Gestamp Solar´s Projects 2010-2013
We are developing projects that will sum up 750 MW in 2013.
