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New Deal


Announced

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

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For45%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Italy

Private

Single Bidder

Majority

Spain

Private Equity

Pending

Renewable Energy Equipment

Friendly

Cross Border

Acquisition

solar assets

Synopsis

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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.

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