Sonnedix closes financing for 45 MW Sonnedix Koriyama solar PV project

Sonnedix Japan has achieved financial close on its 45 MW Sonnedix Koriyama solar PV plant, from syndication with The Bank of Fukuoka as an arranger, and a further eight regional banks, for a total facility size of over JPY18.7Bn (US$ 165.2 million).

The project was acquired by Sonnedix Japan in early 2017, while it was under development stage, and it is currently under construction, with the plant expecting to achieve commercial operation in early 2024.