Matrix Renewables buys a portfolio of 400 MW solar in Spain

Matrix Renewables, a renewable energy platform backed by TPG Rise, has reached an agreement to acquire a solar portfolio, with five different assets, 440 megawatts (MW): 400 MW in Spain and the other 40 MW in Italy.

According to the company announced, it is expected that the construction of the first phase of these projects start this same 2022.

“During 2021, Matrix has become a prominent player in the renewable energy sector, increasing its portfolio to more than 3.5 GW in Europe, The United States and Latin America “, explained In? Igo Asensio, Head of M&A at Matrix Renewables.

According to Asensio, throughout 2022 the platform will continue to explore more opportunities in these regions, while continuing to advance in its global expansion.

Did the Matrix Renewables come in? in the Italian market in September 2021 through a partnership with Horus Green Energy Investment, with whom did I sign? an agreement to co-develop approximately 420 MW of solar projects in Sicily and Lazio, in Italy. Two months later, the company expanded? even more its portfolio in the country with the acquisition of a 91MW solar portfolio from Solaer.

In the last year, the Matrix Renewables has increased its presence by 1.3 GWwith Projects brownfield and 600 MW additional in programs greenfield in various regions around the world such as Italy, Portugal, Chile, Colombia and the United States, where, with the recent appointment of Cindy Tindell as head of the United States, the company plans to significantly increase its presence in the pro? last months.

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