SANTIAGO, Chile – Sonnedix, the global solar independent power producer (IPP) has completed the acquisition of a solar PV development project from Distributed Power Partners (DPP) in Chile.
The project, Sonnedix Corso Solar, is a 9MW solar PV plant located near Copiapó, in the Atacama region. This project is the third in the portfolio acquired from DPP, together with projects Angamos and Quebrada de Talca.
The project is in a well-advanced stage of development, with construction works expected to start in the second quarter of 2022. The project is applying to Chile’s special regime for distributed generation projects (“PMGD” regime by its Spanish acronym).
“Sonnedix is committed to helping the country meet its ambitious renewable targets as we grow our solar platform in Chile,” said Axel Thiemann, CEO of Sonnedix. “We are proud of our role in the energy transition, expanding the use of clean, renewable energy and are looking for long-term partnerships and opportunities that allow us to continue building a bright future.”
Sonnedix currently has a total capacity of over 5GW worldwide, including a development pipeline of more than 3GW. In Chile, the solar IPP has over 234MW in operation and over 1GW under construction or at various stages of development.
On this transaction, Sonnedix was advised by Morales & Besa (legal) and Anabática (technical). DPP was advised by Carey (legal).
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 5GW, including a development pipeline of more than 3GW.
Sonnedix continues to expand its global footprint across OECD countries, with almost 350 solar plants in operation, as well as several GW under construction or at various development stages in Chile, France, Germany, Italy, Spain, South Africa, UK, USA and Japan.