Global independent solar power producer Sonnedix has added 4.6MW of assets to its Spanish portfolio.
Sonnedix said it has bought the fully-operating portfolio from Aurea Capital Partners and two Spanish family offices for an undisclosed sum.
The portfolio is comprised of 5 ground-mounted plants, operating since 2008-2011, located in Zaragoza, Ciudad Real, Murcia, Andalucía, and Huesca, Sonnedix said.
Axel Thiemann, CEO of Sonnedix, said: “This agreement is testament to Sonnedix’s long-term commitment to the Spanish market and represents further expansion of our presence in the country.
“Despite the challenges of these times, we continue to actively seek opportunities to expand our platform in Spain, through development and acquisition, as part of our wider growth strategy.”
The acquisition lifts the company’s capacity in Spain to 256MWp.
To read the digital edition of the latest IPE Real Assets magazine click here.