Sonnedix, a global renewable energy producer, has secured €2 billion (~$2.35 billion) through two refinancing transactions completed in June and July 2025. The first deal, worth €595 million (~$699.56 million), was arranged with CaixaBank to refinance 154MW of regulated Spanish assets. The second was totaling €1.37 billion (~$1.61 billion), refinanced 1.04GW of solar PV assets across five countries: France, Italy, Poland, Spain and Portugal. Together, the transactions consolidated 12 individual project financings into two, enabling capital efficiency and portfolio-level scalability. Ten lenders were involved, including Bank of China, Crédit Agricole CIB, HSBC, ING, Santander CIB, Société Générale, Intesa SanPaolo, La Banque Postale and Kutxabank. Sonnedix was supported by legal, financial, technical and energy market advisors across both deals. The refinancing is intended to improve financial flexibility and support multi-technology portfolio expansion.Earlier, the company also brought online Portugal’s largest Sonnedix PV plant in Tarouca, marking a key operational milestone alongside its financing activity.
Sonnedix completes €2B solar refinancing across five EU nations
Uk’s Sonnedix has secured €2 billion refinancing from CaixaBank and 9 lenders to restructure 1.2 GW of solar assets across Spain, France, Italy, Poland and Portugal.
/solarbytes/media/media_files/2025/07/25/2025-07-25-sonnedix-pr-2025-07-25-13-59-44.jpg)
Advertisment
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112055287z-solarbytes.png)
/solarbytes/media/agency_attachments/2025/01/13/2025-01-13t112030439z-solarbytes.png)