Sonnedix's Solar Success: 18 MW Refinancing in Japan
Apr 19, 2024 12:41 PM ET
- Sonnedix secures JPY-5.29-billion refinancing for 18 MW solar capacity in Japan, showcasing commitment to global asset optimization and growth in Japanese solar market.
Sonnedix Power Holdings Ltd has closed a JPY-5.29-billion refinancing deal for 18 MW of solar capacity in Japan. The financing was arranged through Sonnedix Japan unit from domestic lenders MUFG Bank Ltd and The Iyo Bank Ltd. This marks the company's first portfolio financing in Japan and includes eight local solar PV parks.
CEO Axel Thiemann stated that this refinancing demonstrates Sonnedix's commitment to optimizing operations and assets globally. The Sonnedix subsidiary in Japan currently manages 495 MW of operational PV plants. This move highlights the company's continued growth and investment in the Japanese solar market.
What is Sonnedix Power Holdings Ltd's latest achievement in Japan's solar industry?
- Sonnedix Power Holdings Ltd has closed a JPY-5.29-billion refinancing deal for 18 MW of solar capacity in Japan.
- The financing was arranged through Sonnedix Japan unit from domestic lenders MUFG Bank Ltd and The Iyo Bank Ltd.
- This marks the company's first portfolio financing in Japan and includes eight local solar PV parks.
- CEO Axel Thiemann stated that this refinancing demonstrates Sonnedix's commitment to optimizing operations and assets globally.
- The Sonnedix subsidiary in Japan currently manages 495 MW of operational PV plants.
- This move highlights the company's continued growth and investment in the Japanese solar market.
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