Matrix Renewables and Banco Sabadell join forces in Spain

Matrix Renewables, a global renewable energy platform funded by TPG Rise, in partnership with Banco Sabadell, has finalized a €179 million financing package to build five solar photovoltaic facilities in Spain, aligned with Matrix’s ESG policies. The plants, located in the provinces of Palencia in Castilla León and Badajoz in Extremadura, will have a combined capacity of 239 MW. This development will contribute to the production of renewable electricity and the reduction of carbon emissions. The project began in December 2023 and is expected to create around 430 full-time jobs during the construction phase, with a positive impact on the regional economy.