sonnedix

Independent power producer Sonnedix has bought a 74.7MW portfolio of PV plants in Spain from private equity investor JZ International (JZI) and Elliott Advisors (UK).

Sonnedix and French financier Natixis have closed senior financing facilities to bring forward up to 100MWp of solar in Chile.

Firm walks PV Tech through its reasons to become first solar IPP to join European Energy Exchange (EEX), a move it says will help curb counterparty risks as power prices plunge worldwide.

Chairman Guinand says new funding evidences firm's "long-term commitment and confidence" in the Caribbean island, whose grid was decimated by Hurricane Maria in 2017.

Sonnedix has acquired a 23MW portfolio in Italy from investment group, Ellomay Luxembourg Holdings.

Launch of construction works in South American desert should see US$180m project become commercially active by December 2020, IPP says.

Usya plant enters construction as developer works to deploy 400MW solar and wind pipeline in South American state by early 2020.

Solar IPP secures US$99m funding for 171MW Atacama Solar while Spanish player invites minister to construction launch of 123MW La Granja.

IPP hits 244MW capacity mark in European country after acquiring five solar car parks from Glennmont, an infra investor fast divesting PV assets.

Sonnedix, a global solar independent power producer, has closed a US$283 million corporate facility, which will retire existing debt and enable further growth acceleration as Sonnedix looks to acquire and develop new projects in OECD countries.