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      MATRIX RENEWABLES ANNOUNCES COMMERCIAL OPERATIONS AND INVESTMENT TAX CREDIT FUNDING WITH CONCURRENT TERM CONVERSION FOR A 281MWDC SOLAR PROJECT IN BELL COUNTY, TEXAS

      MIAMI, April 16, 2026 /PRNewswire/ -- Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced the start of commercial operations, the successful Investment Tax Credit ("ITC") funding and the conversion of its construction financing to long-term term debt for the 281MWdc / 210MWac Stillhouse Solar PV project.  The project represents an investment of over $380 million in Bell County, Texas.

      The Stillhouse project has a total nameplate capacity of 281MWdc / 210MWac and includes 15-year power purchase agreements with affiliates of Hyundai Motor Group. In addition, the project has partnered with Sustain Our Future Foundation, contributing nearly $3 million to support community benefits through its community engagement program. Stillhouse Solar will provide clean power to the equivalent of 48,862 homes, strengthen grid ...

      Full story available on Benzinga.com


      Source: Benzinga
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