Five UK solar projects totaling 300MW have been acquired by Sonnedix from Lightsource bp.
The assets will enable Sonnedix to “significantly scale up” its footprint in the UK market by 2024, acting as a hub to support its operations in the rest of the world and in Europe.
The developer’s project capacity in the UK would increase with the acquisition to around 500MW, and there are ambitions to further expand this operational presence in the nation, it said.
It adds to a 5GW global pipeline of development projects that Sonnedix is in charge of managing across Chile, France, Germany, Italy, Japan, Poland, Spain, the US, and the UK.
Axel Thiemann, Sonnedix chief executive, said “Similar to us, Lightsource bp shares the same values and commitment to building a brighter future by delivering sustainable renewable solutions for the communities we impact.”
“This will help us deepen our relationships as partners, and further grow our footprint in the local market where we have been present for some time to push the energy transition forward.”
Kareen Boutonnat, Lightsource bp EMEA and APAC chief , said “Solar projects, are crucial for a secure, low-cost and lower carbon energy system.”
“One of our key strengths at Lightsource bp is as an enabler of the energy transition by deploying our solar development experience and capability to support growing portfolios of renewables across the world.”
“The sale of these assets to Sonnedix demonstrates our strong credentials as a trusted development partner, and transactions like this will catalyse the rapid deployment of renewables as businesses work in partnership to create a more sustainable energy future.”
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