TPG-backed The Rise Fund completed the acquisition of solar PV projects from Trina Solar.

TPG-backed The Rise Fund completed the acquisition of solar PV projects from Trina Solar, a PV and smart energy total solution provider. The solar PV projects included in the transaction are currently operational, under construction or in late-stage development nearing ready-to-build status across Spain, Chile, Colombia, and Mexico Financial terms were not disclosed. “Trina is one of the leading manufacturers of solar PVs, with a history of developing world-class solar PV projects in key markets. With the establishment of Matrix Renewables and the leadership of a seasoned management team, we are actively looking for additional strategic opportunities to grow our global portfolio and build out the platform," Ed Beckley, TPG Partner