Funding and M&A Roundup: Sonnedix Acquires Solar Developer Sun Power Energy
Banpu acquires 49.04% stake in solar rooftop platform Solar Esco
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Sonnedix, an independent solar power producer (IPP), has acquired Warsaw-based Sun Power Energy, a solar project developer in Poland. The acquisition gives Sonnedix close to a 1 GW development pipeline across Poland and is a springboard for further expansion into a new European market. The Poland acquisition brings Sonnedix’s total operating assets and projects under development and construction to over 6.5 GW globally. On this transaction, Sonnedix was advised by Santander (Financial), CMS (Legal), and DNV (Technical), while Sun Power Energy was advised by DWF (Legal).
