Sonnedix, the global solar independent power producer, and Cox Energy América, a solar energy company, closed a $120 million financing from Sumitomo Mitsui Bank Corporation through the joint venture Sonnedix Cox Energy Chile, on which Sonnedix holds a 70%, while Cox Energy América has the remaining 30%. The financing will cover the IPP’s 160 MW development project Sonnedix Meseta de Los Andes solar PV project, in Chile. The project is located in the Valparaíso Region of Chile, in the municipalities of Calle Larga and Los Andes.