Project Finance Manager
Matrix Renewables
Company Overview
Matrix Renewables
Madrid, Spain
2020
The company has approximately 200 employees (source: cbinsights.com). Revenue has not been publicly disclosed as it is a private company backed by TPG's The Rise Fund.
What They Do
Matrix Renewables specializes in photovoltaic (PV) solar energy projects, as well as energy storage, wind power generation, and green hydrogen production. The company manages a secured portfolio of 2,475 MW under power purchase agreements (PPAs) with an average tenor of 10 years, and owns a core portfolio of 4 GW, in addition to a broader portfolio exceeding 15.5 GW, which includes battery energy storage systems (BESS) and green hydrogen initiatives (source: matrixrenewables.com). Their services cover the entire project lifecycle, from site identification and development to financing, construction, and long-term operation of renewable assets, targeting utilities, corporations, and financial institutions as clients through long-term PPAs.
Projects and Track Record
Among the highlighted projects of Matrix Renewables is the 50 MW solar plant in Jaén, Spain, which reached full operation in the second half of 2022 under a 10-year PPA with Statkraft (source: matrixrenewables.com). Also, the Pleasant Valley Solar 1 project of 261 MW DC (200 MW AC) in Ada County, Idaho, USA, which was commissioned in 2025 under a PPA with Meta through Idaho Power, marking the largest operational solar installation in the Idaho Power system (source: cbinsights.com). Additionally, the Gaskell project, which combines solar and storage, represents their first entry into the U.S. market (source: matrixrenewables.com).
Recent Developments
In the past two years, Matrix Renewables achieved commercial operation date (COD) for Pleasant Valley Solar 1 in Idaho in 2025 (source: cbinsights.com). They also launched Hyren in 2024 to lead their green hydrogen strategy (source: matrixrenewables.com). The company executed $650 million in corporate debt facilities (source: matrixrenewables.com) and secured power purchase agreements with Merck, Hyundai, Idaho Power/Meta, Amazon, EDP, Centrica, and Volkswagen (source: matrixrenewables.com). They also won capacity in Italy's FER-1 auctions for three PV projects (source: matrixrenewables.com).
Working There
Matrix Renewables emphasizes a specifically designed team of experienced professionals managing development, markets, mergers and acquisitions, financing, and operations in their global offices, especially in Madrid, where development and M&A roles are located (source: matrixrenewables.com). Active hiring is suggested in growing markets such as the U.S., Italy, and Spain, with leadership roles like Chris Matthews as MD for Development and Markets (source: matrixrenewables.com). The company culture is based on collaboration across technologies and geographies, integrity in project delivery, and a focus on efficient and high-value execution as a preferred partner for corporations and utilities (source: matrixrenewables.com).
Last updated on Feb 23, 2026 | Report an issue
Matrix Renewables is a renewable energy platform that was founded by global alternative asset manager TPG through its impact investing platform, TPG Rise, in 2020. Headquartered in Madrid, Matrix Renewables focuses on developing, constructing and being long-term owners of renewable energy assets.
Matrix Renewables' current portfolio is comprised of 15.7 GW (operational, under construction, ready to build, under development) of renewable energy projects and storage across North America, Europe and Latin America.
TPG impact-investing platform is a $27 billion impact investing platform focused on investing in and supporting the growth of world-class businesses that deliver positive and measurable social and environmental impact globally.
TPG is a leading global alternative asset investment firm with offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, Singapore, and Washington D.C. TPG's investment platforms span a wide range of asset classes, including private equity, growth equity, impact investing, infrastructure, growth venture, real estate, secondaries, and public equity.
The Role
Matrix Renewables is looking for a highly motivated individual to play a key role in our fast-growing and well-established team. Ideally based in the Miami office, the Project Finance Manager will be responsible for leading valuation efforts, execution of tax equity investments, project and corporate level debt, bond financings, and making financing related recommendations to the investment committee within in the renewable energy/sustainable fuels space in the U.S.
Key Activities and Responsibilities
- Lead project/corporate finance structuring and execution efforts for renewable energy/green fuel projects
- Lead the preparation of investment committee memorandums including the proposal of actionable recommendations
- Lead financial analysis, sensitivities and modelling activities. Monitor financial returns.
- Assist in negotiating tax equity and debt documentation by working closely with technical, financial, and legal counsel
- Drive the transaction due diligence process and oversee third party consultants (investment banks, legal advisors, independent engineers, insurance advisors, transmission advisors, market consultants, appraiser, tax advisors, etc.)
- Actively participate in reviewing Matrix capital efficiency strategy including raising of LCs, hold-co debt, etc.
- Work cross-functionally within the organization and outside advisors to support project diligence and source key inputs from internal teams and external consultants to oversee timelines and capital structures
- Lead conversations with internal and external stakeholders as well as with potential lender and tax equity investors.
- Manage project and corporate finance processes including coordinating with key stakeholders and reviewing transaction documentation
- Assist in the preparation of monthly & quarterly reporting to TPG
- Work creatively to implement long-term company strategic initiatives
Minimum Requirements
- Bachelor' degree in Engineering, Mathematics, Finance, or similar (Master's degree preferred)
- 5+ years of experience in renewable energy project finance, M&A in the U.S. at a leading financial institution, private equity firm, IPP, or a related occupation.
- High level of proactivity and entrepreneurial mindset
- Proficiency (2-5 years of experience) in renewable energy financial modeling
- Expertise in tax equity modeling including capital accounts, depreciation, M&A and buyouts (preferred)
- Strong attention to detail and analytical skills
- Comfortable interacting with internal management and transaction counterparties
- Basic knowledge of accounting and tax treatments related to renewable energy projects (i.e. tax equity partnership flip mechanics)
- Solid understanding of corporate finance and economic concepts
- Good understanding of U.S. power markets
If you are interested in applying, please send your cover letter and CV to: [email protected]
Matrix is committed to a fulfilling, inclusive and non-discriminatory working environment in which all individuals are treated as individuals, with respect and dignity and are given opportunities to develop their careers and contribute to both the Company´s and their own success. Furthermore, Matrix is committed to ensuring a rigorous, fair and non-discriminatory selection and recruitment process and to treat all candidates who apply for a position in Matrix equally. We advocate for equal opportunity and do not discriminate against gender, marital status, religion, age, color, race, sexual orientation, nationality, or disability.
Matrix Renewables (Spain), S.L. ("Matrix"), with domicile at C/ Velázquez 34, 3ª planta, 28001, Madrid, hereby informs the job applicant (the "Applicant") that his/her curriculum vitae as well as all other personal data provided during the selection process will be processed by Matrix as data controller. Such data will be processed for the purpose of analyzing the Applicant's skills and aptitudes and assessing the Applicant's candidacy for the job offered.
The Applicant, under the terms established in the data protection regulations in force at any time, may exercise his/her rights to access, rectification, erasure, restriction of processing, data portability, objection, and not to be subject to automated individual decisions. For this purpose, he/she may contact in writing to the following email address: [email protected]
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Apply now
Job expired?Please let Matrix Renewables know you found this job on Rejobs. This will help us grow and get more people to work on renewable energy!
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About the role
April 5, 2026
Full time
Company
- Miami, Florida, United States
5+ years in renewable energy project finance
UTC-05:00