Astris Finance is pleased to announce the closing by independent solar power producer Sonnedix of the refinancing of a fully operational solar PV portfolio located in France, for a total debt amount of 189 m€.

The refinancing followed the acquisition by Sonnedix in April of the portfolio of 5 SPVs with a total installed capacity of 55 MW.

The transaction was closed in a short time-frame, benefiting from the favorable market conditions. La Banque Postale, CaixaBank, Société Générale and MUFG Bank, Ltd. acted as Mandated Lead Arrangers.

Astris Finance acted as the exclusive financial advisor to Sonnedix, a long-time client of Astris in France, where they are operating over 250 MW of solar PV projects. Sonnedix has a total controlled capacity of 1.7 GW worldwide.