Sonnedix closes financing on 7.5MW Solar Plant in France

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24 February, 2012

Sonnedix announced that on February 24th, 2012 one of its subsidiaries reached financial closing on a long-term non-recourse debt facility provided by Triodos Bank and Oseo for the 7.5MW ground-mounted Romilly solar PV project built in Champagne region, France.

The project, which started construction in October 2010 went into operation last summer.

Franck Constant, Chairman of Sonnedix said ” We are pleased to reach financial close on our fourth Solar PV project in France and at the same time consolidating our relationship with Triodos and Oseo. We are thankful to their effort in a difficult European financing environment. This project is a world-class plant. Together with the other we have been working on, demonstrate Sonnedix continuing commitment, to invest for the long term in in the markets it does business, with the support of its relationship banks Triodos and Oseo “.

About Sonnedix: Sonnedix is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants. Sonnedix develops, builds, owns and operates solar power plants globally.