Solaria plans Uruguay project: Goldman targets Solaria Energia Y Medio Ambi stock at EUR 25.00

Solaria Energia Y Medio Ambi (ES0165386014) plans a 350-megawatt solar plant in Uruguay backed by USD 200.00 million of investment. Bloomberg reported the project on October 14, 2026, while CNBC reported on October 2, 2026, that Goldman had set a EUR 25.00 price target for the stock.

Uruguay expands Solaria's project pipeline

The first phase combines 350 megawatts of solar generation with a 200-megawatt data center. The broader technology park is planned at 500 megawatts, and the agreement includes a power purchase arrangement lasting up to 40 years, according to Uruguay's Ministry of Industry, Energy and Mining.

The chronology shows how the strategy has broadened. On May 18, 2026, Solaria said it was accelerating infrastructure and digital-energy growth; on September 24, 2026, first-half results showed EBITDA of EUR 210.10 million, up 50.00 percent; on October 14, 2026, the Uruguay project added a large data-center connection. The May update is documented on Solaria, while the first-half figures were reported by Investing.com.

What does 350 megawatts add?

The Uruguay plan gives Solaria a route into power supply for data centers rather than relying only on conventional solar generation. That matters because first-half 2026 infrastructure sales reached EUR 99.60 million, up 355.00 percent from EUR 21.90 million a year earlier, according to Investing.com. The company also reported first-half net profit of EUR 124.90 million, a 52.00 percent increase.

Next milestones carry execution risk

The next disclosed milestones are year-end 2026 for a targeted 3.6 gigawatts of operating capacity and 2030 for the first data center. The project is planned in two phases, so construction timing and power demand will determine how quickly the announced investment becomes operating income.

Stock price and target gap

At Lang & Schwarz, Solaria Energia Y Medio Ambi stock was trading at EUR 15.97 on October 16, 2026 at 10:37 a.m. CEST. The price remains below the EUR 25.00 target reported by CNBC, leaving execution and financing as the key issues for the investment case.

The further course of trading is shown by the continuously updated real-time quote of Solaria Energia Y Medio Ambi stock.

Market context: Market report IBEX 35.

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