Sonnedix acquires two renewable energy projects in Portugal
Sonnedix, a renewable energy producer with over 3 GW of global operating capacity, has acquired two ready-to-build (RTB) renewable energy projects in Northern Portugal.
A notice to proceed has been issued for both new projects, enabling Sonnedix and its EPC contractor, Zagope, to commence construction immediately. Once complete, the projects will generate nearly 120,000 MWh of clean electricity annually, equivalent to powering almost 40,0001 households and avoiding over 42,000 metric tonnes of CO2 equivalent per year2.
Portugal is home to one of Sonnedix’s largest European projects to date—the 150MW Project Douro, part of the Oasis portfolio, representing nearly 300MW. The project successfully achieved mechanical completion in February 2025.
Alongside progressing construction in its portfolio, Sonnedix has strengthened its operating portfolio, including acquiring Project Fado, a portfolio of 49 MWp of regulated operating projects, and achieving commercial operation and successful financing of Pombal, a 23MWp regulated plant located in the centre of Portugal.
The latest acquisitions mark a major milestone in Sonnedix’s unprecedented growth in Portugal since entering the market in 2022, bringing the total Portuguese pipeline to nearly 500 MW. The company expects to reach 750 MW at the end of 2025.
Sonnedix’s CEO, Axel Thiemann, said: "Portugal is an important and growing market for Sonnedix. With a favorable regulatory environment and stable investment signals, Portugal offers strong opportunities for renewable energy producers. Sonnedix is well-positioned to capitalize on this potential, leveraging our existing Iberian projects to convert our pipeline, expand our footprint, and hybridize our portfolio to support Portugal’s energy transition."
Head of Growth, Iberia, Beatriz Llorente Blanco said: “These two projects are living proof of our long-term commitment to delivering sustainable and innovative energy solutions to the Portuguese market. By acquiring projects at the ready-to-build stage, we not only reduce risk but also accelerate timelines and achieve cost efficiencies. We made considerable progress in our portfolio in 2024, and looking ahead we are excited by the many prospects, including bringing one of our largest projects in Europe online, which will contribute significantly to Portugal’s transition to a cleaner energy future.”
