Press Release

Sonnedix acquires 7.0MW Olmeda PV plant

Sonnedix is pleased to announce the acquisition of the 7.0MWp Olmeda plant from Sunflower Sustaintable Investments Ltd and Shikun & Binui Ltd., taking its operating capacity in Spain to 145MWp.
Emiliano Bellini

The ground-mounted PV plant is located in Cuenca, Spain.

The acquisition is in line with Sonnedix’s strategy of deepening its Spanish presence and demonstrates its long-term commitment to the Spanish market. The acquisition of the Olmeda PV plant is the first successful result of Sonnedix partnership with the Vela Energy management team. Sonnedix Group is majority owned by institutional investors advised by J.P. Morgan Asset Management.

Sonnedix and Vela Energy were advised by Perez Llorca and Uria Menendez (legal), G-Advisory (technical) and Deloitte (accounting / tax).