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Sonnedix completed the acquisition of Eliantus from JZI and Elliott.

Synopsis

Sonnedix, the global independent solar power producer, completed the acquisition of Eliantus, a 74.7MW solar PV portfolio in Spain, from private equity firms JZ International and Elliott Management. Financial terms were not disclosed. “Under these unprecedented times, it is with agreements like this that we deliver on our long-term commitment with the Spanish market, playing an active role in the economic recovery of the country while continuing to fulfil our purpose of harnessing the power of the sun to build a bright future," Axel Thiemann, Sonnedix CEO.

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