Matrix Renewables secures EUR 50 million EIB loan for solar projects in Spain
Matrix Renewables has obtained a EUR 50 million (USD 54.6 million) green loan from the European Investment Bank (EIB) to finance new solar projects in Spain. The funds will support the design, construction, and operation of five solar farms with a total capacity of 240 MW in Castile and Leon and Extremadura, regions with lower-than-average EU per-capita income. The solar farms are expected to be operational by the end of 2025. This loan aligns with…