Sonnedix gets 74.7 MW Eliantus portfolio in Spain

Jul 16, 2020 08:33 PM ET
  • Independent power manufacturer Sonnedix has actually acquired a 74.7 MW profile of PV plants in Spain from exclusive equity investor JZ International (JZI) and also Elliott Advisors (UK).
Sonnedix gets 74.7 MW Eliantus portfolio in Spain

Eliantus contains 22 ground-mounted plants that have been operational because in between 2008 and also 2013. The bargain brings Sonnedix's Spanish portfolio to a capability of 330.7 MWp.

" Under these unmatched times, it is with agreements such as this that we deliver on our long-term dedication with the Spanish market," claimed Axel Thiemann, CEO of Sonnedix.

Released in July 2017, Eliantus Energy is a car developed by JZI and Elliott Advisors with a joint equity dedication of EUR100 million.

JZI managing companion Miguel Rueda said: "This purchase, under the present situations, demonstrates the strong long-lasting fundamentals and also the commitment of credible institutional capitalists to the PV sector in Spain."

Sonnedix has greater than 1GW of solar power plants in operation in addition to a number of hundred MW under growth.

Last month, the IPP as well as French financier Natixis shut senior funding centers to advance as much as 100MWp of solar in Chile.

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