Soria 1.4MW, Spain

Soria, Spain

Sonnedix closed long term non recourse project financing for a Solar PV Plant in Spain

18 May 2011

Sonnedix announced that on May 18th, 2011 one of its subsidiaries reached financial close on a long-term non-recourse debt facility provided by Triodos Bank Spain for a 1.35MW solar PV project built in Spain.

The project, which was commissioned in March 2011 and is located in Langa de Duero (Soria), was built by Assyce Fotovoltaica, S.L.

Andreas Mustad, CEO of Sonnedix said ” We are pleased to reach financial close on our second Solar PV project in Spain, consolidating our relationship with Triodos Bank “.

About Sonnedix: Sonnedix is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants. Sonnedix develops, builds, owns and operates solar power plants globally.

I’d put my money on the Sun and Solar Energy, what a source of Power!I hope we don’t have to wait until oil and coal run out, before we tackle that.

Thomas Edison in conversation with Henry Ford and Harvey Firestone, 1931