Matrix Renewables’ €84 Million 128.99 MW Portfolio Financing

Watson Farley & Williams (“WFW”) has advised Natixis, S.A. Sucursal en España on the financing.

Natixis, S.A. Sucursal en España (“Natixis”) financed the project of three photovoltaic plants owned by Matrix Renewables with a total installed capacity of 128.99 MW located in Almonte, Huelva, Spain. Natixis acted as lender for the credit facility granted to Matrix Renewables via its subsidiary MR Rocio Holdings, S.L.

Natixis is a French multinational financial services firm specialised in asset & wealth management and corporate & investment banking.

Matrix Renewables is a renewable energy platform created and backed by global alternative asset manager TPG and its US$14bn impact investing platform TPG Rise. Matrix Renewables’ portfolio currently comprises 2.1 GW of operational, under construction or near ready-to-build solar PV projects and a further 2.7 GW pipeline of other renewable energy projects under development, across Europe, the US and Latin America.

The WFW Madrid team that advised Natixis was led by Finance Partner Rodrigo Berasategui (Picture), working closely with Regulatory Partner David Diez, London Finance Partner Katherine Best, Senior Associates Jacobo Hermidas, Ignacio Soria and Gavin Jackson and Associates Julia Belmonte, Arancha Ruesta, Paula Pérez and Oli Baines.

Involved fees earner: Oli Baines – Watson Farley & Williams; Julia Belmonte – Watson Farley & Williams; Rodrigo Berasategui – Watson Farley & Williams; Katherine Best – Watson Farley & Williams; David Diez – Watson Farley & Williams; Jacobo Hermidas – Watson Farley & Williams; Gavin Jackson – Watson Farley & Williams; Arancha Ruesta – Watson Farley & Williams; Ignacio Soria Petit – Watson Farley & Williams;

Law Firms: Watson Farley & Williams;

Clients: Natixis;

Giulia Di Palma

Author: Giulia Di Palma