Solaria Energía y Medio Ambiente, S.A. (SLR) Earnings Call Transcripts

Solaria Energía y Medio Ambiente, S.A.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Solaria Energía y Medio Ambiente, S.A. reported significant growth, with EBITDA increasing to EUR 113 million, representing over 50% growth compared to the previous year. The company maintained its full-year EBITDA guidance of EUR 330 million, signaling strong confidence in achieving this target. Management emphasized the successful capital raise of EUR 300 million to fund future growth, particularly in data centers and battery storage, which are expected to be key drivers for revenue in the coming quarters.

Reported metrics

Guidance from management

Management is confident in achieving the full-year EBITDA target of EUR 330 million, with expectations of continued strong growth in the coming quarters driven by data centers and battery storage enhancements.

What management said

Our Q&A session. And once again, thank you for your time. The first question comes from Beatrice Gianola from Mediobanca. Can we provide more detail on the infra business trend? Specifically, does this segment already includes the contribution from the data center agreement announced last year?

Next question coming from Beatrice Gianola regarding the energy sales. Despite the additional capacity in stalenergy sales increased by only EUR 3.5 million versus first quarter of 2025. Is this mainly related to power price evolution? Or is the other operational dynamics at play? Additionally, how do we expect power prices to evolve over the coming quarters.

What analysts pressed on

Analysts expressed concerns regarding the relatively modest increase in energy sales despite additional capacity, questioning whether this was primarily due to power price evolution or other operational dynamics. There were also inquiries about the timing of capacity additions linked to PPAs and their impact on future revenue.

Main topics on the call

• Strong EBITDA Growth — Solaria reported an EBITDA of EUR 113 million for Q1 2026, which is over 50% higher than the previous year. CEO Arturo Diaz-Tejeiro stated, "we are sending a clear message to the market that the target, the EBITDA target...
• Capital Raise for Growth — The company successfully raised EUR 300 million, including EUR 180 million from shares and EUR 120 million from sold shares. This funding will support growth initiatives in data centers and battery storage, which are cri...
• Capacity Expansion Plans — Solaria has over 12 gigawatts of capacity under construction, focusing on solar, batteries, and wind power. Management emphasized the importance of battery storage, stating, "the new market is not based only in solar gen...
• Data Center Business Performance — The infrastructure division contributed approximately EUR 40 million in Q1, with expectations to exceed EUR 70 million for the year. Management noted, "our data center business is functioning great," indicating strong fu...

Read the full Solaria Energía y Medio Ambiente, S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 13 Solaria Energía y Medio Ambiente, S.A. earnings call transcripts on record, spanning February 28, 2022 to May 18, 2026. Based on this history, Solaria Energía y Medio Ambiente, S.A. reports semi-annually. The most recent call on file is dated May 18, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SLR

Exchange

BME

Country

ES

Sector

Utilities

Industry

Independent Power and Renewable Electricity Producers

Calls on record

13

First call

February 28, 2022

Most recent

May 18, 2026

Reporting cadence

semi-annually