Sonnedix completes acquisition of solar project in Ibaraki
Date
December 30, 2020
Type
M&A Transactions
Subtype
Transaction completed
Countries
Japan
Subsectors
Photovoltaic
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Sonnedix Power Holdings Ltd, through its unit Sonnedix Japan KK, has completed the acquisition of a 55.6 MW solar photovoltaic project in the city of Hitachi in Ibaraki Prefecture, Japan.
The project has been in operation since August 2017 and benefits from the Feed-in-Tariff program.
With the closing of the deal, Sonnedix now controls a total of 252 MW operating portfolio in Japan.
