Sonnedix reaches 100MWp in Italy with acquisition of Grape portfolio

now viewing

Sonnedix reaches 100MWp in Italy with acquisition of Grape portfolio

March 29, 2017 Anand Gupta

Order- Seeking for the Condonation of Delay of 273 days in filing the Appeal as against the Impugned Order by CERC

now playing

In the matter of adoption of Transmission Charges with respect to the transmission system being established by Khavda IV-E2 Power Transmission Limited - EQ

March 29, 2017 Anand Gupta

now playing

In the matter of CERC (Procedure, Terms and Conditions for Grant of Transmission License and other related matters) Regulations to Khavda IV-E2 Power Transmission Limited - EQ

March 29, 2017 Anand Gupta

APEPDCL Issues Tender to Procure 600 Bi-directional Solar Net Meters

now playing

APEPDCL Unveils Plan to Drive Extensive Solar Power Adoption Across Andhra Pradesh - EQ

March 29, 2017 Anand Gupta

now playing

GRIDCO drives renewable energy awareness at Baliyatra 2024 - EQ

March 29, 2017 Anand Gupta

Sisi calls to expand plans in enhancing the role of renewable energy

now playing

SMVDU hosts workshop on ‘Energy Efficiency & Renewable Energy’ - EQ

March 29, 2017 Anand Gupta

China Starts Work On The World’s Largest Desert-Based Renewable Energy Project

now playing

Navratna stock jumps 7% after signing MoU with Govt. of Rajasthan for renewable energy projects - EQ

March 29, 2017 Anand Gupta

now playing

India's Renewable Energy Share Reaches 44% in Power Capacity Mix for Q2 2024 - EQ

March 29, 2017 Anand Gupta

Science background with molecule or atom

now playing

ACME Cleantech & BASF Partner for Green Ammonia Supply to Europe - EQ

March 29, 2017 Anand Gupta

Britain looks to widen renewables support scheme

now playing

Masdar, Silk Road seal $2.8bn MoU - EQ

March 29, 2017 Anand Gupta

now playing

NTPC Green’s $1.2 billion IPO closes fully subscribed, India focuses on renewable energy need - EQ

March 29, 2017 Anand Gupta

Sonnedix is pleased to announce the acquisition of the 21.6MWp Grape portfolio from First Reserve, taking its operating capacity in Italy to 102MWp. The portfolio comprises 5 ground-mounted PV plants, located in the Apulia and Lazio regions.

The acquisition is in line with Sonnedix’s strategy of deepening its Italian presence and demonstrates its long-term commitment to the Italian market. Reaching the important milestone of 100MWp of operating capacity in Italy means Sonnedix can utilize economies of scale as it continues on a growth trajectory. Sonnedix Group is majority owned by institutional investors advised by J.P. Morgan Asset Management.

Sonnedix was advised by Orrick (legal), EOS (technical) and E&Y (accounting / tax). First Reserve was advised by Rothschild (financial) and Legance (legal).