Funding and M&A Roundup: Matrix Renewables Secures $322 Million Debt Funding
GEF invests $69.5 million in TI Clean Mobility to develop EV verticals
May 15, 2024
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Matrix Renewables, a global renewable energy company, and Santander Corporate & Investment Banking closed a €300 million (~$322 million) corporate debt financing deal. Matrix secured this financing as Green and Sustainability-Linked, aligning it with the Green and Sustainability-Linked Loan Principles. The financing will allow Matrix to expedite the growth of its platform by allocating funds toward the construction of its advanced development portfolio.
