Sonnedix has acquired a solar PV project in development stage from the renewable energy developer Andes Solar. The transaction includes the co-development of the project.
Sonnedix Andino Occidente I, located in Las Cabras, O’Higgins region in Chile, will have an estimated total installed capacity of 160 MWp, becoming the third largest solar PV plant of Sonnedix. The construction of the project is expected to begin in the fourth quarter of 2023.
Once built, the project will generate approximately 337 GWh of clean energy per year – reducing carbon emission by around 140,000 metric tons. This is equivalent to taking approximately 30,000 cars off the road.
On this transaction, Sonnedix was advised by Gerrero Olivos and Andes Solar by MWLAV Abogados.