A&O Shearman advised global renewable energy producer Sonnedix on its second major refinancing transaction, valued at EUR1.37bn. This deal covers a portfolio of 1,040MW of both existing and new solar photovoltaic (PV) assets across France, Italy, Poland, and Spain.
Building on a previous refinancing completed in December 2024, this latest transaction consolidates a dozen separate project financings into its debt platform. This streamlined structure was designed to support Sonnedix’s ongoing portfolio expansion, and the implementation this year shows its flexibility and efficacy in continuing to scale its multi-technology portfolio across Europe.
Sonnedix is a global renewable energy producer with over a decade-long trajectory of sustainable growth. Sonnedix develops, builds, and operates renewable energy projects for the long-term, with a focus on providing green, affordable electricity to its customers, and acting as a true social citizen there where it operates. Sonnedix currently has a total capacity of over 12GW, including a development pipeline of almost 7GW, across Chile, France, Germany, Italy, Japan, Poland, Portugal, Spain, USA, and UK.