Tokyo, Japan – On November 30 2020, Sonnedix Japan, on behalf of the Sonnedix Group of companies (Sonnedix Group), completed a project financing led by The Daisan Bank, a local bank headquartered in the Mie prefecture.

The financing covers a 2.3MW ground-mounted operational solar PV plant acquired in September this year. The plant began operations in 2016.

“Transactions like this are testament to our long-term commitment to the optimisation of our assets and consolidate our role as a social citizen within the communities where we operate” said Axel Thiemann, CEO of Sonnedix. “I am very proud of our Sonnedix Japan team whose hard work and dedication enabled us to expand our platform in the country by 196 MW so far in 2020, despite the challenges faced during this year.”

Sonnedix Japan KK (“Sonnedix Japan”) currently manages on behalf of Sonnedix 252 MW of solar PV capacity in operation, with a further 338 MW in construction and under development.

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About Sonnedix

Sonnedix Power Holdings Limited (together with its subsidiaries, Sonnedix) is an Independent Solar 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, including over 1GW of photovoltaic power plants in operation, as well as several hundred MW under development, in Italy, France, Spain, USA/Puerto Rico, Chile, South Africa and Japan.

For more information, please visit www.sonnedix.com

Press contact: comms@sonnedix.com

About Sonnedix Japan

Sonnedix Japan is a developer, asset manager, and operator of mega-solar projects in Japan, and the Japanese operator for investments made by Sonnedix (https://sonnedix.com).

For more information, please visit www.sonnedix.jp