Solarpack Corporacion Tecnologica, S.A. agreed to acquire Solaer Holding B.V. on September 17, 2022. The transaction is fully financed with funds provided by Solarpack shareholders. The closing of the acquisition is expected to materialize before year end and once the customary approvals for this type of transaction are granted.

CaixaBank, S.A. (BME:CABK) acted as financial advisor, Marfa Vallejo, Ernesto Morell and Sergio Garcia Rigal of Linklaters LLP acted as legal advisor and KPMG N.V. acted as accountant for Solarpack Corporacion Tecnologica, S.A. Ramon Y Cajal Abogados S L P. acted as legal advisor for Solaer Holding B.V. Nomura Greentech acted as financial advisor to Solaer Holding B.V.