Discover our upstream and downstream technical journals
Source: Flickr/fdecomite

Source: Flickr/fdecomite

Independent power producer Sonnedix acquired twelve PV plants in Spain shortly before the end of 2017.

The company has confirmed the deal for projects with a total installed capacity of 46.7MW. Sonnedix claims to be the largest solar PV player in Spain, with an operating capacity in the country of 214.2MW.

The transactions were all executed under the existing collaboration with Q-Energy, which manages Sonnedix’s Vela Energy portfolio and which previously co-led a bond issuance by Sonnedix in Spain.

Following acquisitions throughout Europe during 2017, Sonnedix’s operating capacity worldwide is now 703MW.

“Growing our Spanish portfolio is an important part of our long-term strategy to strengthen our presence in OECD markets,” said Andreas Mustad, CEO, Sonnedix. “Sustained growth through 2017 has taken our global operating capacity above 700 MW, and we look forward to further milestones in 2018.”

Tags: spain, sonnedix, asset management, pv power plants, europe, investment, finance, secondary market

Solar Media Events

Utility Solar Summit UK

Jun 15 - Jun 16, 2021

London, UK

The Utility Solar Summit UK will focus entirely on the opportunities in the UK ground-mount space and feature the new technology and advanced innovations allowing asset owners to improve yield in a subsidy free market. Listen to senior market leaders share stories of their successes and manufacturers pushing the envelope for solar PV whilst taking advantage of our enhanced networking features to connect you with your peers onsite; realising the potential of UK utility scale deployment from 2020 and beyond.

Find out more

Solar Media Events

PV ModuleTech

Mar 10 - Mar 12, 2021

Penang, Malaysia (also available virtually)

Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability. This event will be run as a live event in Penang for delegates able to attend and will also welcome virtual delegates via streamed content and online networking.

Find out more

Solar Media Events

Solar Finance & Investment Europe

Feb 03 - Feb 04, 2021

London, UK

The business of solar is changing, as the industry scales up, technology, IT and new players to the market will add complexity. This sparks a host of opportunities such as co-location of solar and storage and the rise of unsubsidised solar projects as well as challenges which will question the very business model of European solar asset owners. Solar Finance & Investment Europe is the meeting place for institutional investors, sovereign wealth funds, solar, wind and storage funds and large energy buyers to do business.

Find out more

Comments