MADRID, Spain – Sonnedix, the global solar independent power producer (IPP), has recently completed the acquisition of a 4.5MW solar PV plant in Murcia, from a group of individuals.
The project consists of a carport solar PV plant located in the International Airport of Murcia, south-eastern Spain, it has been in operations since 2013 and is under the Spanish regulatory regime.
Axel Thiemann, CEO of Sonnedix, said: “the expansion of our solar portfolio across Spain – where we’ve recently acquired as well a 300MW development project – is testament to our strong commitment to the economic recovery of the country, and to building a bright future for the next generations”.
Sonnedix currently has an operational capacity of over 365MW in Spain, and a total controlled capacity of over 4GW across its platform in eight countries, including a development pipeline of almost 2GW.
On this transaction, Sonnedix was advised by Garrigues (legal due diligence and SPA negotiation), Vector Renewables (technical due diligence), and E&Y (tax and financial due diligence).
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About Sonnedix
Sonnedix Power Holdings Limited (together with its subsidiaries, Sonnedix) is a global solar Independent Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market. Sonnedix develops, builds, owns and operates solar power plants globally, with a total controlled capacity of 3.9GW, including a development pipeline of almost 2GW. Sonnedix continues to expand its global footprint across OECD countries, with more than 320 solar plants in operations, as well as several hundred MW under development in Italy, France, Spain, USA/Puerto Rico, Chile, South Africa and Japan.
contact: comms@sonnedix.com