Matrix Renewables Secures $43 Million in Funding for Solar Projects in Spain

The financing has been structured as a green loan aligned with the LMA Green Loan Principles.

February 13, 2023

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Matrix Renewables, the TPG Rise-backed renewable energy company dedicated to acquiring and developing solar, clean energy infrastructure projects, and renewable energy assets, secured €40 million (~$43 million) project financing to begin the construction of Zaratán and Arroyadas, two solar projects totaling 66 MW, in the municipality of Valladolid, in northwest Spain.

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