Announced
Completed
Financials
Sources
Tags
Italy
Private
solar plants
Friendly
Majority
solar photovoltaic plant
Completed
Acquisition
Single Bidder
Cross Border
Alternative Electricity
Synopsis
Sonnedix, a solar independent power producer, completed the acquisition of 5.9 MWp PV portfolio from PPP Italia Fund, an Italian closed end fund active in the infrastructure sector, for €24m ($28m). This acquisition allows Sonnedix to continue its expansion plan in the Mediterranean country where it seeks to establish itself as a long term developer, operator and owner.
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