Sonnedix acquires 150 MW utility scale project located in central Chile, fourth largest of its kind

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22 December, 2020

SANTIAGO, Chile – Sonnedix, the global independent solar power producer (IPP) has completed the acquisition of a solar PV project from the solar photovoltaic developer RTB Energy. The transaction includes co-development of the project.

The project, located in Pelequén, Chile, started development activities in 2020, and is expected to start construction work by the middle of 2022. When built, Sonnedix Pelequén is expected to reach a total capacity of 150MWp, becoming the fourth largest PV plant for the solar IPP in Chile.

Axel Thiemann, CEO of Sonnedix, said: “This transaction is another milestone for Sonnedix in Chile, where we are growing consistently since we started operations. We are very proud to play an active role in Chile’s transition to a green future, as we continue developing, building and operating solar PV projects for the long term”.

"It is an honour to work together with a company of the size and experience of Sonnedix in the development of solar projects around the world, reaffirming Chile's ability to be a major producer of clean and renewable energy. This agreement is a recognition of the quality and seriousness of RTB Energy's team as a strategic partner" said Ian Philippi, Cofounder of RTB Energy.

On this transaction, Sonnedix was advised by Guerrero Olivos and RTB Energy by Cubillos Evans.

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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

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