Sonnedix’s 38.2 MW Photovoltaic Portfolio Acquisitions

Watson Farley & Williams advised Sonnedix on the acquisition of two Spanish photovoltaic portfolios.

The portfolio comprised 21 operating PV plants with a 26.9 MW aggregate capacity, from a global asset manager, and a nine PV-plant portfolio with a combined capacity of 11.3 MW from Perwyn, a family-funded investment firm. The transactions closed in December and November 2019 respectively.

Sonnedix is a leading global independent solar power producer, with a 1.8 GW portfolio of projects worldwide, both operational and under development. With these acquisitions, Sonnedix now has 252 MW of operational assets in Spain.

The multi-disciplinary WFW Madrid Energy team advising Sonnedix was led by Madrid Office Head María Pilar García Guijarro (Picture), Regulatory Partner David Diez and Tax Partner Luis Soto, working with Corporate Senior Associates Javier Ester and Román Pazos.

Involved fees earner: David Diez – Watson Farley & Williams; María Pilar García Guijarro – Watson Farley & Williams; Javier Ester Palacios – Watson Farley & Williams; Román Pazos – Watson Farley & Williams; Luis Soto – Watson Farley & Williams;

Law Firms: Watson Farley & Williams;

Clients: Sonnedix;