Sonnedix has recently completed the acquisition of a 4.5MW solar PV plant in Murcia, from a group of individuals.
The project consists of a carport solar PV plant located in the International Airport of Murcia, south-eastern Spain, it has been in operations since 2013 and is under the Spanish regulatory regime.
Axel Thiemann, CEO of Sonnedix, said: "the expansion of our solar portfolio across Spain – where we've recently acquired as well a 300MW development project – is testament to our strong commitment to the economic recovery of the country, and to building a bright future for the next generations".
Sonnedix currently has an operational capacity of over 365MW in Spain, and a total controlled capacity of over 4GW across its platform in eight countries, including a development pipeline of almost 2GW.
On this transaction, Sonnedix was advised by Garrigues (legal due diligence and SPA negotiation), Vector Renewables (technical due diligence), and E&Y (tax and financial due diligence).