TPG-backed Matrix Renewables to acquire a 91 MW sola portfolio from Solaer.

TPG-backed Matrix Renewables, a global renewable energy platform, agreed to acquire a 91 MW sola portfolio from Solaer, a manufacturers of highly-efficient radiation-hard solar cells. Financial terms were not disclosed. "Through this agreement with Solaer, Matrix Renewables accelerates its growth to become the leading renewable energy platform in Italy and around the world. We also continue to explore new opportunities in Europe, the United States and Latin America in our international expansion strategy," Íñigo Asensio, Matrix Renewables General Manager of Mergers and Acquisitions.