The agreement covers 262.8GWh of renewable energy starting in 2027 and strengthens Sonnedix’s hybridization strategy.
Madrid - Sonnedix, a global renewable energy company, and Endesa have signed a tailor-made financial product covering 262.8GWh, designed to hedge Sonnedix’s solar photovoltaic generation and battery energy storage system (BESS) positions starting in 2027. This is the first hybrid product in Sonnedix’s portfolio, marking the beginning of its strategy in integrated energy solutions combining renewable generation and storage.
The transaction covers Sonnedix’s renewable portfolio in Spain and Portugal and will be complemented by its battery storage portfolio, enabling optimized management of the energy produced and offering a flexible supply profile tailored to customer demand.
These types of bespoke hybrid structured products, which integrate renewable generation and storage, are gaining prominence in the energy market as they facilitate a better match between renewable production and consumption, providing greater flexibility, stability, and value to the power system.
The transaction represents a milestone in Sonnedix’s hybridization strategy, aimed at integrating storage into its renewable asset portfolio to develop advanced energy solutions for large electricity consumers. It also coincides with the commissioning of the company’s first battery storage systems.
Axel Thiemann, CEO of Sonnedix, stated:“This agreement with Endesa reflects the evolution of the energy market toward increasingly sophisticated solutions tailored to the real needs of consumers. The integration of renewable generation and storage is key to advancing toward a more flexible, efficient, and future-ready system.”
Gregorio Morales Schmid, Chief Commercial Officer of Sonnedix, added:“This type of tailor-made product represents a step forward in structuring renewable supply. By combining solar generation and storage, we can offer greater predictability in supply, optimize energy management, and generate sustained value for our customers, while also supporting their decarbonization goals.”
Spain is one of Sonnedix’s strategic markets in Europe. The company has a strong presence in the country and continues to expand its portfolio of renewable projects while developing advanced energy solutions for large industrial and corporate consumers.
The company currently maintains a global portfolio of 12 GW of capacity across ten countries. Its strategy focuses on the long-term development of renewable projects and the creation of innovative energy products that combine generation, storage, and advanced energy management.
About Sonnedix
Sonnedix is a global renewable energy company that delivers 100% clean electricity directly to its customers through a diversified portfolio of solar, wind, and storage assets. With nearly two decades of sustainable growth, Sonnedix continues to acquire, develop, build, and operate long-term renewable energy projects, offering innovative and customized solutions to its customers.
The company currently has a total portfolio capacity of 12GW, with more than 1GW under construction, 4GW in operation, and a development pipeline of 6GW across Chile, France, Germany, Italy, Japan, Poland, Portugal, Spain, and the United Kingdom. The company continues to expand its global presence in OECD countries through acquisitions and the development of renewable energy projects.
For more information, please visit: www.sonnedix.com