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Transactions - MARCH 29, 2021

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Sonnedix acquires 5.1MW of solar assets in Spain

by Kali Persall

Sonnedix, a global solar independent power producer (IPP), has acquired a 5.1-megawatt portfolio of operating assets from Diversis Energía and Grupo Enerpal.

The portfolio consists of two ground-mounted solar photovoltaic plants located in Spain, which have been in operation since 2008 and 2006, respectively.

Financial terms were not disclosed.

“Through transactions like this, we continue to deliver on our long-term commitment with the Spanish market, contributing to the country’s economic recovery” said Axel Thiemann, CEO of Sonnedix. “At the same time, our sustainable growth strategy allows us to expand the use of solar, fulfilling our purpose: to harness the power of the sun to build a bright future.”

Sonnedix currently has a total controlled capacity of more than 4 gigawatts across eight countries. In Spain, Sonnedix has 138 projects in operations across the country, with a total capacity of 361 megawatts.

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