Info
Info
News Article

Sonnedix Acquire 23MW Portfolio In Italy

News

Sonnedix, an independent solar power producer (IPP), has acquired a 23MW portfolio of 12 operating solar PV facilities from investment group, Ellomay Luxembourg Holdings S.a.r.l.

The assets have a strong geographical synergy with Sonnedix's existing Italy footprint. The plants, all ground mounted, are being integrated into Sonnedix's portfolio in line with its operational excellence commitment. The acquisition takes Sonnedix's operating capacity in Italy to 216.5MW.

Sonnedix continues to expand its controlled capacity in OECD markets around the world, with over 950MW in operation, approximately 400MW under construction and 470MW in late stage development.

Axel Thiemann, CEO of Sonnedix said: “This latest acquisition highlights our commitment to the Italian market, as we continue to deliver on our growth strategy. Sonnedix is seeking opportunities to develop, own and operate assets for the long-term, as we expand and optimize our global portfolio.”

Carlos Guinand, Chairman of Sonnedix said: “I am delighted to see Sonnedix exceed 200MW operational capacity in Italy as the company celebrates its 10th anniversary, and I look forward to continued sustainable growth in all our markets.”

For this transaction, Sonnedix was advised by Orrick (Legal), Fitchner (Technical) and RSM Studio Palea Lauri Gerla (Tax).

NCR18650BD-Improved, The Ultimate Generation Of Safe, Smart And Stable Li-ion Cell
ACM Research Introduces Cleaning System For Ultra-thin Wafers
Mitsubishi To Launch Second Gen SiC Modules
New Jeep Wrangler 4XE Joins The Brand’s EV Lineup
SMI Develops GaN 600V/20A In Collaboration With SUNY Albany With DOE Funded Effort
Siemens And VSI Labs Partner To Advance Autonomous Vehicle Development
Romeo Power Announces Lionel Selwood, Jr As Chief Executive Officer
Consolidation, Automation And Electric Vehicles: Automotive Engineers Outline Their Thermal Challenges For 2020
SMART Modular’s DDR4 NVDIMMs Reach New Speed Threshold
BMW Brilliance Automotive Doubles Production Capacity For High-voltage Batteries In China
SweGaN On Swedish Hottest Tech Startup List
GM’s Future EVs To Debut Wireless Battery Management System
Hyundai And SK Innovation To Jointly Develop EV Battery Industry Ecosystem
Tektronix Delivers Industry’s First 10 GHz Oscilloscope With 4, 6 Or 8 Channels
Altair Semiconductor Changes Its Name To Sony Semiconductor Israel
Mercedes-Benz ECitaro G Articulated Bus Now Comes With Innovative Solid-state Batteries
Nikola And General Motors Form Strategic Partnership
Power Integrations Targets Compact Smart-Lighting Designs
Richardson RFPD To Distribute Hitachi ABB Power Grids Range
Panasonic Completes Transfer Of Semiconductor Business To Nuvoton
Stay Healthy With Touchless Technology – Introducing New 3D Time-of-flight Image Sensors
Groupe PSA And Total Create Joint Venture To Manufacture Batteries In Europe
Volkswagen Ensures Greater Transparency In Procurement Of Battery Raw Materials
Stena Gives Volvo Bus Batteries A Second Life

Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the Power Electronics World Magazine, the Power Electronics World Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}