Vector Renewables, technical advisor in the acquisition of a 112 MW PV plant by Sonnedix

Vector Renewables has completed the Technical Due Diligence (TDD) of a 112 MW PV portfolio, acquired by the global solar independent power producer (IPP), Sonnedix, from Circle Energy, Faleuma, and Ríos Renovables.

The portfolio, consisting of seven PV projects located in Valladolid (Spain), is in a well-advanced stage of development, and the commence of the construction is expected to start by the end of 2021.

In this transaction, Vector Renewables has performed the  Technical Due Diligence (TDD) including the technical review, energy yield assessment, contracts review and technical assessment of the financial model, among others

With more than 15 years of experience as independent advisor, Vector Renewables has carried our more than 100 GW of technical advisory services worldwide, including solar PV, wind, biomass, storage and green hydrogen projects.

The company has provided services in more than 40 countries and reaches a portfolio of more than of 3.8 GW under management and 5 GW in M&A and Financial Advisory. Until date has been involved in more than 3,000 projects, which has allowed Vector Renewables to position itself as one of the most relevant companies in the renewable energy industry worldwide.