Sonnedix reaches 100MWp in Italy with acquisition of Grape portfolio

Europe
Typography

Sonnedix is pleased to announce the acquisition of the 21.6MWp Grape portfolio from First Reserve, taking its operating capacity in Italy to 102MWp.

The portfolio comprises 5 ground-mounted PV plants, located in the Apulia and Lazio regions.

The acquisition is in line with Sonnedix’s strategy of deepening its Italian presence and demonstrates its long-term commitment to the Italian market. Reaching the important milestone of 100MWp of operating capacity in Italy means Sonnedix can utilize economies of scale as it continues on a growth trajectory. Sonnedix Group is majority owned by institutional investors advised by J.P. Morgan Asset Management.

Sonnedix was advised by Orrick (legal), EOS (technical) and E&Y (accounting / tax). First Reserve was advised by Rothschild (financial) and Legance (legal).

About Sonnedix

Sonnedix is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market. Sonnedix develops, builds, owns and operates solar power plants globally. 

Translator

SolarQuarter Tweets

Follow Us For Latest Tweets

SolarQuarter Latest Trends in Module Industry @Solar PV ModuleTech India 2018_Conference & Awards_Book Your Seats Now_10 August_… https://t.co/FMaP5B52YE
About 3 hours ago
SolarQuarter Launching 9 New Cities_Bhopal, Vijayawada, Kochi, Bangalore, Guwahati, Chandigarh, Noida, Gurugram, Pune_SolarRoofs… https://t.co/UofGsAdzZI
About 5 hours ago
SolarQuarter Last Few Seats Left for Early Bird_Exciting Agenda EMobility Week 2018_23 Aug, New Delhi - https://t.co/FFPykzCI5s
Thursday, 19 July 2018 04:59