CG/ CRC-IB Advises Matrix Renewables on $1.3 Billion Preferred Equity and Debt Financing
CG/ CRC-IB is pleased to have served as exclusive financial advisor to Matrix Renewables, the TPG Rise-backed global renewable energy platform, in raising $1.3 billion of preferred equity and debt financing for a diversified portfolio of utility-scale solar and energy storage assets.
The portfolio consists of three solar projects and one standalone battery energy storage system (BESS), representing 859 MWdc of solar capacity and 167 MWh of storage. The assets span both operating and construction-stage projects, supporting the continued growth of Matrix’s U.S. renewable energy platform.
CG/ CRC-IB is proud to support Matrix on this significant multi-asset, multi-instrument capital solution, which reflects the increasing scale and complexity of financing structures driving growth across the sector.
For more information on this transaction, please contact Michael Tatarsky.
About Matrix Renewables
Matrix Renewables is a renewable energy platform created and backed by global alternative asset manager TPG and its $32 billion impact-investing platform. Matrix Renewables’ current portfolio is comprised of 15.5 GW of solar, storage and green hydrogen projects in Europe, United States, and Latin America. For more information, visit www.matrixrenewables.com
About CG/ CRC-IB
CG/ CRC-IB is a full-service investment bank providing industry-leading financial services across the energy transition. In January 2026, CRC-IB was acquired by Canaccord Genuity Group to deliver M&A, project finance, capital raising, and strategic advisory services to public and private companies and financial sponsors across the renewable energy, commercial, and industrial sectors, leveraging Canaccord Genuity’s globally integrated M&A advisory and ECM-driven capital markets capabilities. Canaccord Genuity Capital Markets is the global capital markets division of Canaccord Genuity Group Inc. (TSX: CF), offering institutional and corporate clients idea-driven investment banking, mergers and acquisitions (M&A), research, sales and trading services with capabilities in North America, the UK & Europe, Asia, and Australia. We are committed to providing value-driven services to our clients throughout the entire lifecycle of their business and operating with high standards of excellence as an independent investment bank – expansive in resources and reach, but targeted in industry expertise, market focus and individual client attention. We are driven by your success. For more information, visit www.crc-ib.com and connect with us on LinkedIn.
