Independent solar power producer Sonnedix announced Thursday that it has acquired a 22MW portfolio of four ground-mounted PV projects located in the regions of Extremadura and Castilla la Mancha, Spain from a fund managed by London-based investment firm Impax Asset Management.
This latest forms part of Sonnedix’s strategy of increasing its presence in OECD markets — boosting the company’s operating capacity in Europe to 432MW and its global operating capacity to over 620 MW.
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Sonnedix was advised by Uria Menendez (legal), Enertis Solar (technical) and KPMG (accounting / tax). Impax was advised by Gómez-Acebo & Pombo Abogados, S.L.P. (legal) and PwC (financial advisor).
Andreas Mustad, Sonnedix’s CEO, said: “We are excited about our continued growth and believe this demonstrates our long-standing commitment to the renewable sector.”
