Amundi to acquire a 45% stake in solar assets from Sonnedix.

Amundi Energies Vertes, a renewable infrastructure investment vehicle, agreed to acquire a 45% stake in solar assets portfolio from Sonnedix, an independent solar power producer. Solar assets portfolio is located in Italy and Spain with a total output of c. 250 MW. Additionally, firms will enter into a partnership agreement to invest in European solar PV market. Financial terms were not disclosed. “Our partnership with AEV not only highlights our long-term commitment to our European markets, but also to the solar power industry as a whole, demonstrating our active role in pushing the energy transition forward," Axel Thiemann, Sonnedix CEO.