Sonnedix financed (Eur 260 mm) the construction and acquisition of a 198 MW photovoltaic portfolio with Credit Agricole CIB, BBVA, CaixaBank and LaBanquePostale

ValeCap has advised Sonnedix in the structuring of a no-recourse multi-borrower project financing facility to support the acquisition and construction of a PV portfolio composed of 3 greenfield projects located in highly irradiated Italian regions, with and aggregate capacity of ~200 MW.

Through this financing, Sonnedix secured a green loan facility of approximately EUR 260 million, marking a landmark transaction in the Italian renewable energy market.

Sonnedix is a global Independent Power Producer (IPP) specializing in the development, construction, ownership, and operation of solar photovoltaic plants. The company is backed by JP Morgan Asset Management and operates across more than 10 countries with over 500 employees, delivering reliable, low-carbon energy solutions. With over 9 GW of total capacity, Sonnedix continues to expand its renewable energy portfolio, driving the transition to a sustainable future.

The complete financing package was provided by Credit Agricole CIB, BBVA, Caixa Bank and La Banque Postale, and includes multiple facilities, such as senior capex facilities, standard ancillary facilities, and guarantee instruments.

ValeCap acted as exclusive model advisor to Sonnedix.