Sonnedix closed long term non recourse project financing for a BIPV power Plant in France
6 June, 2011

Sonnedix announced that on June 6th, 2011 one of its subsidiaries reached financial close on a long-term non-recourse debt facility provided by Oseo and Credit Cooperatif banks for a 930KW building-integrated solar PV project built in France.

The project, which started construction in January 2011 will be commissioned this summer and is located in Blanquefort industrial estate (Gironde, Bordeaux). It is built under an turnkey EPC contract by Assyce Fotovoltaica, S.L.

Franck Constant, Director of Sonnedix said ” We are pleased to reach financial close on our third Solar PV project in France , consolidating our relationship with Oseo and Credit Cooperatif. This project as well the other we are developing demonstrate Sonnedixs continuing commitment, with the support of its relationship banks, to the French market “.

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.

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About Sonnedix

Sonnedix Power Holdings Limited (together with its subsidiaries, “Sonnedix”) is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market.

Sonnedix develops, owns and operates solar PV plants for the long-term, in France, Italy, Spain, the UK, South Africa, Chile, Puerto Rico and Japan. Sonnedix currently has a total controlled capacity of more than 1.7GW and has over 870MW in operation across the countries where it operates.

For more information about Sonnedix, please visit www.sonnedix.com

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