The solar IPP consolidates its commitment to the Energy Transition in Chile

SANTIAGO, Chile – Sonnedix, the global solar independent power producer (IPP) has been awarded 903GWh/year, equivalent to 39% of the National and International Public Tender for the Supply of Energy and Electric Power 2021/01, in which 29 Chilean and foreign generating companies participated.

The tender, which reached a new historical low of USD 23.39 per MWh on average, auctioned 2310GWh to supply the energy needs of regulated costumers of the National Electric System (SEN) for a period of 15 years from 2026.

“We are tremendously proud of being awarded such an important part of this very competitive tender because it shows our ability to compete in the Chilean electricity system ", said Sergio del Campo, Director of Sonnedix Chile.

Axel Thiemann, CEO of Sonnedix, highlighted that seeing renewables energy companies among the winners of this tender “shows the importance of this sector in the national energy matrix. To Sonnedix, this award is an excellent opportunity to expand our presence in Chile, allowing us to build around 424MW in solar photovoltaic projects investing approximately USD 300 million.”

Sonnedix currently has 4.6 GW of total capacity, including a development and construction pipeline of over 3GW. The Solar IPP continues actively seeking development and acquisition opportunities across OECD countries.

On the preparation of this proposal, Sonnedix was advised by Guerrero Olivos.

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About Sonnedix

Sonnedix Power Holdings Limited (together with its subsidiaries, Sonnedix) is a global solar Independent 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, with a total capacity of over 4.6GW, including a development pipeline of more than 2GW.

Sonnedix continues to expand its global footprint across OECD countries, with 350 solar plants in operations, as well as several hundred MW under construction or various development stages in Italy, France, Spain, USA/Puerto Rico, Chile, South Africa and Japan.

Contact: comms@sonnedix.com