Sonnedix has secured €730m ($840.9m) in financing to support the refinancing, optimisation and development of renewable energy assets in Italy, Spain, Portugal and France. Overall, the funding covers photovoltaic (PV) plants totalling around 540MW and two battery energy storage system (BESS) assets across the four countries. Sonnedix CEO Axel Thiemann said: "This financing reflects Sonnedix's commitment to developing high-quality renewable projects in our strategic markets. "It follows our recent BESS portfolio acquisition in Italy, and underscores the pace at which we are scaling our storage capabilities across Europe." "Sonnedix secures $841m for renewable projects in southern Europe" was originally created and published by Power Technology, a GlobalData owned brand.