Sonnedix refinances 18.17MW Spanish solar portfolio

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
The transaction was executed under an existing joint venture with Q-Energy. Credit: Sonnedix

Sonnedix has closed non-recourse refinancing of an 18.17MW portfolio of PV plants in Spain at a total value of €74 million.

The transaction was executed under an existing joint venture with Q-Energy, which manages the Vela Energy portfolio and which co-led the bond issuance.

The financing included fixed rate project bonds. CaixaBank and Deutsche Bank were the global coordinators, mandated lead arrangers and bookrunners for the issue.

The financing was provided by BRIDGE and infrastructure debt funds managed by La Banque Postale Asset Management.

Last week, renewables and storage investment platform Constant Energy acquired 17.5MW of operating ground-mount solar PV assets, a team of developers and operators, and a pipeline of development in Thailand from Sonnedix.

Read Next

May 6, 2022
German renewables company BayWa r.e. will tender 10TWh of green electricity later this year, describing the move as a “turning point” for Europe’s power purchase agreement (PPA) market.
May 6, 2022
The European Union (EU) should set higher solar PV deployment targets and speed up the energy transition to phase out its energy dependency on Russia as soon as possible, according to five member states of the bloc.
May 5, 2022
German conglomerate BayWa benefited from high demand for solar modules during the first quarter of 2022, with its revenues bolstered by the sale of an operational PV plant in the US.
April 25, 2022
Independent onshore renewables firm Ventient Energy has completed the acquisition of 240MW of solar PV as part of a broader renewables portfolio.
April 20, 2022
Tech major Amazon has added 37 new renewable energy projects around the world, with a total of 3.5GW of additional power to its already 12.2GW portfolio of renewable energy.
April 8, 2022
Aena’s board of directors has contracted Construcciones San José for the construction of a 142.42MWp solar PV park at Adolfo Suárez Madrid-Barajas airport.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
October 4, 2022
New York, USA