Working alongside Sonnedix to refinance its European solar portfolio
Sonnedix has reached a key milestone in its growth journey with the €2.5bn refinancing of its 1.1 GW solar portfolio in Europe. This landmark transaction allows the company to optimise its financial structure, secure its existing assets, and accelerate investments in new renewable energy projects.
A landmark transaction for the energy transition
This highly diversified and contracted portfolio extends across several European countries, including Spain, Italy, and France, with plan for expansion into the UK and other markets. This major transaction enables Sonnedix to secure competitive financial conditions aligned with its growth ambitions, while enhancing its investment capacity to develop new solar infrastructure. It also provides an opportunity to optimise its asset portfolio by diversifying its sources of financing.
This operation is fully in line with Sonnedix’s strategy to support global efforts in reducing carbon emissions and promoting clean energy through the rapid deployment of high-performance and sustainable solar solutions.
Committed financial partners supporting Sonnedix
To successfully complete this transaction, Sonnedix relied on the expertise of banking partners specialising in structured finance and renewable energy. Among them, Crédit Agricole CIB played a significant role as co-financial advisor, bookrunner, mandated lead arranger (MLA), and hedging bank, bringing its deep expertise in financial structuring.
The contributions of our experts enabled us to design a tailor-made financing solution, combining fundraising, debt syndication, and risk optimisation, while ensuring a seamless and efficient execution.
A strong commitment to the energy transition
Through this strategic refinancing, Sonnedix reaffirms its ambition to play a central role in the global energy transition. This transaction demonstrates its ability to mobilise financing to accelerate the development of renewable energy and actively contribute to international climate goals.
This success also highlights our ability to structure large-scale financing solutions, offering our clients tailored and competitive options in a rapidly evolving market.
We are very pleased to have supported Sonnedix in this landmark transaction as both Debt Advisor and MLA. This transaction not only represents a significant achievement for our client and the bank, but also highlights our dedication to promoting sustainable energy solutions in Europe. By bringing together the concerted efforts of our specialised teams, we have been able to deliver a resounding success for Sonnedix and its shareholders. A testament to our ability to structure innovative financing solutions in a very competitive market.
Michael Nowak
Head of Infrastructure Coverage
