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New Deal


Announced

Completed

Sonnedix completed the acquisition of an 18MW solar PV project from Thai Solar Energy for $30m.

Financials

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Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Renewable Energy Equipment

Majority

Japan

solar photovoltaic

Private

Acquisition

Completed

Cross Border

Single Bidder

Friendly

Synopsis

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Sonnedix, a global solar independent power producer, completed the acquisition of an 18MW solar PV project from Thai Solar Energy, a firm engaged in the generation and distribution of electricity, for $30m. "We continue growing our solar PV platform in Japan through acquisitions of both operational and development projects. This transaction demonstrates our commitment to the Japanese market, where we have been operating, through our trusted partner Sonnedix Japan, since 2013," Axel Thiemann, Sonnedix CEO.

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