Schletter has thus used an instrument of the public capital market for the first time. "The step provides us with new opportunities to consistently advance growth and internationalisation," confirms Florian Roos, CEO of the Schletter Group. "The fact that we were able to successfully place the bonds despite the currently difficult financial market environment and that they were actually oversubscribed shows the high level of trust investors have in our work."
Very rapid growth
The Schletter Group is currently growing faster than the general solar market, especially in its European core market. The bonds are a senior secured bond for 50 million euros and a second-line bond for 15 million euros. The bonds were placed as Nordic Bonds with maturities of three and 3.5 years, respectively.
See also: Schletter Group continues to grow in Central America
The proceeds are to be used for organic growth, company acquisitions and the further development of important key markets. In addition, this will significantly improve the Schletter Group's ability to implement very large projects worldwide.
Large projects in Europe
By establishing a worldwide supply chain, Schletter is able to realise large projects in all international markets. Recently, the company supplied the mounting systems for a 300 megawatt solar power plant in Europe. In Bulgaria, a major project with 120 megawatts is nearing completion. In total, around 5.5 gigawatts of photovoltaic output will be installed with Schletter systems in 2022.
New office in South Korea
The company plans to significantly increase its presence in the global solar markets. To this end, global sales structures are being expanded. This year, Schletter opened an office in South Korea, and the company also wants to expand its presence in South America.
Also interesting: PV Guided Tours with Manuel Schwarzmaier and Christian Salzeder of Schletter Group
From 19 to 22 September, Schletter will present itself at the "RE plus Power", the largest energy trade fair in North America. There, the further developed tracking system "1P/1V-Tracker" will be presented for the first time in North America. (HS/mfo)
