Matrix Renewables Secures $130 Million Financing for Solar Portfolio in Spain

The construction of the project portfolio began in November 2024

January 30, 2025

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Matrix Renewables, the TPG Rise-backed global renewable energy company, announced the closing of a €124 million (~$130 million) non-recourse financing to construct a portfolio of three solar projects with a total capacity of 157 MW in Spain. The portfolio is located in the Palencia province of Castilla León and the Cuenca province of Castilla La Mancha.

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