The plant will be built in the municipality of La Rinconada. The plant is scheduled to be operational in Q1 2024.
Nicolas Navas, CFO of Matrix Renewables, said: “This is yet another important step for Matrix Renewables in consolidating its strong pipeline and portfolio across Europe. We feel very proud to add this project to the existing €1.4 billion we have financed since our inception in September 2000.”
In addition, in August, Matrix Renewables acquired a controlling interest in the 200 MW Pleasant Valley solar power plant in Ada County, Idaho, USA from rPlus Energies . The power generated from the project will be transmitted to the Idaho power grid.