Sonnedix closes €90 million financing on 24 MW French PV project

Sonnedix has closed a €90 million long term non-recourse project financing deal on its 24 MW photovoltaic project in north eastern France with HSH Nordbank AG.

The Toul 3 plant, which forms part of the 115 MW Toul-Rosieres solar park, began commercial operation this August.
“This is one of the largest solar project financing in Europe this year. We look forward to continued cooperation with HSH in other large solar projects in the near future,” commented Sonnedix’s chairman, Franck Constant. No further details were disclosed.
The company announced in July that it had acquired a 24 MW stake in the solar park. Overall, 1.5 million of First Solar’s thin film photovoltaic panels are said to have been installed across the former NATO airbase, near the city of Nancy, by EDF EN.

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