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Sonnedix acquires 112 MW solar PV portfolio in Spain

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Global solar independent power producer (IPP) Sonnedix has completed the acquisition of a 112 MWp solar PV development portfolio from Circle Energy, Faleuma, and Ríos Renovables.
Sonnedix acquires 112 MW solar PV portfolio in Spain
Courtesy of Sonnedix

The portfolio consists of seven photovoltaic projects located in Valladolid, a province of Castilla y León in north-western Spain. All projects are in a well-advanced stage of development and construction works are expected to commence in the last quarter of 2021. The construction of all PV plants will be carried out by EPC contractor Ríos Renovables.

“This acquisition is testament to Sonnedix’s commitment to the Spanish market and further demonstrates our appetite for growth in this, and other OECD countries” said Axel Thiemann, CEO of Sonnedix. “We are very proud of our active role in pushing the energy transition forward and expanding the use of clean, renewable energy”.

Sonnedix currently has a total capacity of over 4.6 GW worldwide, including a development pipeline of more than 2 GW. In Spain, the solar IPP operates more than 150 projects across the country, totalling 365 MW, and has almost 770 MW under construction or various stages of development.

For additional information:

Sonnedix

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