Sonnedix inks Spanish solar PPA

May 4, 2023 01:20 PM ET
  • 10-year agreement with data centre operator Equinix covers 3 PV plants in Cuenca completing 150MW
Sonnedix inks Spanish solar PPA

Sonnedix has actually signed a 10-year Spanish solar energy purchase agreement (PPA) with data centre operator Equinix for 150MW of capacity.

The PPA is Sonnedix's largest transaction signed to date in Europe and it covers a portfolio of 3 solar plants in Cuenca, approximately Castilla-La Mancha.

The solar plants are expected to be functional by the end of 2024.

Throughout the 10-year regard to the PPA, the PV plants will certainly create 240,000 MWh of green electrical energy and also Assurances of Origin yearly.

Axel Thiemann, Chief Executive Officer of Sonnedix, claimed: "We are extremely fortunate to collaborate with Equinix as we continue to broaden sustainably in Spain, where we have more than 800MW of operating capacity.

" This deal adds to our increasing conversion journey at Sonnedix, showing we can run at scale and develop the relationships that enable us to do so consistently."

Sonnedix has a total capacity of over 9.4 GW worldwide, including a development pipeline of more than 6GW, with 1.32 GW in Spain alone.

For more than a decade, Sonnedix has been dedicated to assisting Spain obtain its renewable resource targets, and adding to turning into one of Europe's leaders in the energy shift.

On this deal, Sonnedix was encouraged by Watson Farley Williams as legal consultant.

Equinix is an electronic framework company that operates greater than 240 data centres throughout 32 countries.

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