Announced
Completed
Financials
Sources
Tags
Renewable Energy Equipment
Completed
Friendly
Private
Cross Border
solar plants
Italy
Single Bidder
Acquisition
Majority
Synopsis
Sonnedix, a global independent solar power producer, completed the acquisition of six solar plants from Silver Ridge Power Italia, which develops, constructs and operates utility-scale PV plants. Financial terms were not disclosed. “These acquisitions contribute to Sonnedix’s growth in Italy, and take us further towards our goal to build a bright future. The first half of 2020 has brough many challenges, and we are very proud of our purpose-driven team who remains focused on our role in pushing the energy transition forward, and our long-term commitment to provide a reliable supply of clean electricity to our communities,” Axel Thiemann, Sonnedix CEO.
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