Ingeteam, a leading provider of state-of-the-art specialised components for the renewable energy sector, has announced a new agreement with Matrix Renewables, a global renewable energy platform backed by TPG Rise. Under the terms of the agreement, Ingeteam will supply 500 MW of equipment to equip seven photovoltaic plants in Castilla León, Andalusia, and the Community of Madrid during 2023.
This agreement marks the second collaboration between the two companies, with Ingeteam having previously supplied components for Matrix Renewables' photovoltaic plant in El Rocío, Huelva.
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The new agreement will see Ingeteam utilise its local expertise and manufacturing capabilities to ensure a constant flow of equipment, materials, and spare parts for the continuous operation of Matrix Renewables' plants.
The agreement is part of Matrix Renewables' plans to develop a portfolio of central inverter projects in the coming year, with the goal of consolidating the quality, continuity, and supply of clean energy in Spain.
Matrix Renewables, which is a renewable energy platform created and backed by global alternative asset manager TPG and its $15 billion impact investment platform TPG Rise, currently has a portfolio of 9.4 GW of renewable energy and energy storage projects in Europe, North America, and Latin America.
