Matrix Renewables acquires 4.6GW US solar development portfolio

Facebook
Twitter
LinkedIn
Reddit
Email
Developers Matrix Renewables and SolarStone Partners have also signed a broader development joint venture. Image: Unsplash.

Spanish developer Matrix Renewables has secured a 4.6GW utility-scale solar PV portfolio from developer SolarStone Partners.

Both companies will jointly develop the 4.6GW portfolio across the central US, while looking for newer opportunities across the US.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

With this portfolio acquisition, Matrix continues to grow its presence in the US after signing its first US tax equity financing for two solar PV and energy storage system (ESS) projects in California, earlier this year.

Joe DeVito, CEO of SolarStone, said: “We could not ask for a better partner than Matrix Renewables to help SolarStone expand its US utility-scale renewables business.”

With the acquisition, Matrix Renewables has a pipeline of 7.3GW of renewable projects under development across North America, Europe and Latin America.

The company has 2.3GW of solar PV, wind and storage projects that are either operational, under construction or near ready-to-build.

Read Next

July 1, 2025
French private equity firm Ardian Clean Energy Evergreen Fund (ACEEF) has bought 117 solar PV plants, worth 116MW of total capacity in several locations in Italy.
April 22, 2025
Colombian energy supplier Celsia has acquired a 375MW solar PV portfolio in Colombia from renewables developer Mainstream Renewable Power.
March 24, 2025
Actis has acquired Stride Climate Investments, from the Macquarie Group, and with it a 371MW portfolio of operating solar assets in India.
December 3, 2024
Matrix Renewables has secured financing for its 210MW Stillhouse Solar project, to be built in Bell County of the US state of Texas.
October 2, 2024
US solar energy advocates need to emulate the oil and gas industry and become more effective in political lobbying, a former senior advisor to President Barack Obama has said.
October 1, 2024
In related Romanian news, Simtel has partnered with Monsson to develop, construct and sell 150MW of solar PV and/or hybrid projects.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA