Matrix Renewables

What’s the focus of Matrix Renewables?

Matrix Renewables is a major renewable energy investor and developer based in Madrid, Spain. Matrix mainly works on the development and the long-term ownership of renewable energy assets. This includes onshore and offshore wind, solar and energy storage. The company‘s portfolio consists of more than 2.2GW of assets in Europe, US and LATAM. Major markets are Spain, Italy, Chile, the U.S. and Colombia. Growth markets are Portugal and UK.

Financing secured for 129MW solar farm

The firm has announced that a financing deal was done for a 129MW solar farm in Huelva, Spain. The loan is given by Natixis. The planned 129MW major solar farm is planned to start operations in 2023. In general, the project is split into three phases. Storage will be added after the commissioning of the project.

Acquisition of Texas solar project

Matrix Renewables purchased the Stillhouse Solar Project from OCI Solar Power. Located in Bell County, Texas, the solar project will have a capacity of 284MWdc. It is expected to be constructed in 2024 and to become operational in 2025. With this acquisition, Matrix now owns nearly 6GW of renewable energy projects (in different development stages) in the United States.

Image Source: Unsplash, 19.03.21