SANTIAGO, Chile – Sonnedix, an independent solar power producer, has expanded its presence in Chile through the acquisition of the 138 MW Meseta de Los Andes project. The acquisition continues to build on Sonnedix’s presence and commitment to the Chilean solar market, with over 400 MW capacity of utility scale solar photovoltaic projects under development, construction or in operation.
The Meseta de Los Andes site occupies 250 hectares and is located only 80 km from Santiago, the main energy consumption centre of the country. The project, currently at a greenfield stage, will be co-developed with the Spanish developer AR Energia and is expected to enter construction by early 2020. The project’s renewable energy generation will contribute to supplying power purchase agreements (PPAs) already secured by Sonnedix.
“Sonnedix is making a long-term commitment to supporting Chile’s renewable energy mix,” said Andreas Mustad, CEO of Sonnedix. “It reflects the scale – and pace – of growth across our platform as we develop, build and operate assets across the world.”
On this transaction, Sonnedix was advised by Guerrero Olivos (legal) and Enertis (technical advice).
(Image: Sonnedix St Julia Solar PV plant, Chile)
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. For more information about Sonnedix, please visit www.sonnedix.com
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