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Sonnedix Power Holdings Limited

Sonnedix Announces Non-Recourse Refinancing of Part of Spanish Portfolio

/13th June 2018, Sonnedix/ Sonnedix, an independent solar power producer is pleased to announce the non-recourse refinancing of a portfolio of 12 photovoltaic plants in Spain with a total installed capacity of 30.4MWp at a total value of EUR 140 million. The transaction was executed under the existing joint venture with Q-Energy, which manages the Vela Energy portfolio and co-led the bond issuance. Sonnedix is the largest solar PV power producer in Spain, with an operating capacity in the country of 214 MW. The refinancing is part of Sonnedix’s long-term…
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