Sonnedix obtains authorization to supply electricity directly to industrial customers in Spain
Type: Partnership · Technology: Solar · Country: Spain · Announced: 2026-06-18
Sonnedix, a UK-based solar IPP and JP Morgan investment vehicle, received authorization from Spain's CNMC to supply electricity directly to end customers. The authorization enables Sonnedix to manage energy from its Spanish assets and offer services to industrial and commercial clients. The company plans to implement its own energy dispatch and management system to optimize operations across its generation and storage facilities in Spain.
Analysis
Sonnedix, a UK-based solar Independent Power Producer (IPP), obtained authorization from Spain's Comisión Nacional de los Mercados y la Competencia (CNMC) to supply electricity directly to end customers in Spain on 2026-06-18. Sonnedix has a proven track record in delivering high-performance solar photovoltaic plants globally. JP Morgan, with $3.9 trillion in assets, is an investor in Sonnedix. The authorization enables Sonnedix to manage energy from its Spanish assets and offer services to industrial and commercial clients. Sonnedix plans to implement its own energy dispatch and management system to optimize operations across its generation and storage facilities in Spain.
Key points
- Sonnedix obtained authorization from CNMC on 2026-06-18
- JP Morgan has $3.9 trillion in assets
- Authorization enables Sonnedix to supply electricity to industrial and commercial clients in Spain
- Sonnedix plans to implement its own energy dispatch and management system in Spain
Counterparties
- JP Morgan (Investor)
- Comisión Nacional de los Mercados y la Competencia (CNMC) (Regulator)
- Sonnedix (Developer)