Sonnedix acquires Italian and Spanish projects

Feb 3, 2021 04:33 PM ET
  • Solar driver Sonnedix has gotten a 3MW capability solar plant in Sicily from ICS S.r.l, and a 15.7 MW PV collection in Spain from Danish institutional financiers.

The Sicilian ground-mounted solar plant is under the neighborhood Conto Energia feed-in tariff plan, while the Spanish portfolio, including 15 separate plants including 12 roof as well as three ground-mounted installations throughout the nation, are under the Spanish governing program. The acquisitions come after Sonnedix shut EUR160 million (US$ 196.4 million) of non-resource funding of 21 solar PV plants in Italy at the end of 2020. The firm started 2021 on an international acquiring spree, introducing the acquisition of four Solar plants in Chile as well as a 55.6 MW project in Japan this year.

The latest deals in Europe bring Sonnedix's capacity in Italy and Spain up to 254MW and 354.9 MW specifically.

Axel Thiemen, Sonnedix's chief executive, stated the business will certainly continue to search for brand-new means to increase its visibility in the Spanish market.

" Through purchases like this, we proceed growing sustainably, expanding making use of solar as well as helping construct a brilliant future for our neighborhoods as well as the setting."