Inauguration of PV plant Los Llanos 2 by Colombian President

PRESIDENT IVÁN DUQUE INAUGURATES 27MW BOSQUES SOLARES DE LOS LLANOS PROJECT

Second of the three plants inaugurated by Matrix Renewables and Trina Solar in Los Llanos area.

Puerto Gaitán, Colombia – January 22, 2021 – Matrix Renewables, a global renewable energy platform, and Trina Solar inaugurated last Friday the Company’s Bosques Solares de los Llanos 2, a 27.23 MW photovoltaic plant belonging to Matrix Renewables located in the Department of Meta.
The Colombian President Iván Duque Marquez, Colombia’s Minister of Mines and Energy Diego Mesa Puyo, Vice Minister Miguel Lotero Robledo, the Governor of Meta Juan Guillermo Zuluaga Cardona and the Mayor of Puerto Gaitan, Meta Jorge Plazas Hernandez attended the event.

Matrix Renewables is a Madrid-headquartered renewable energy platform created and backed by global alternative asset manager TPG and its $5 billion impact investing platform The Rise Fund.

Located in the municipality of Puerto Gaitán, the implementation of the project will allow the
reduction of 19,450 tons of CO2 per year and will be able to generate the equivalent of the annual energy consumption of 23,800 families. This is the second of the three plants located in the Los Llanos area that are part of the agreement signed between Trina Solar, a world leader in photovoltaic solutions, and Matrix Renewables, to build about 425 MW of solar projects in Colombia in the next two years.

The inauguration of the Bosques Solares de los Llanos 2 photovoltaic plant will allow the start the generation of renewable energy on the National Interconnected System (SIN). The project is part of a set of three plants located in the same area that represent total generation of approximately 81 MW.

The first Bosques Solares de los Llanos plant was inaugurated last September.
The photovoltaic projects are part of Matrix Renewables and Trina Solar’s total agreed portfolio of around 1 GW of assets in operation, in construction or advanced development in Colombia, Chile, Spain and Mexico. The remaining plants will come into operation throughout 2021 and 2022.

Additionally, Matrix Renewables is working on a project financing for these projects with Bancolombia and an international development entity, demonstrating the international and Colombian financial sector’s significant interest in the development of renewable energy projects in the country. The financing of these projects will become the largest corporate non-recourse financing to date in Colombian power generation, with an installed capacity of 425MW across six projects. This portfolio
includes the 297 MW projects awarded to Trina Solar as a result of the auctions carried out by the Unidad de Planeación Minero Energética (UPME) in 2019.

About Matrix Renewables
Matrix Renewables is a Madrid-headquartered renewable energy platform created and backed by global alternative asset manager TPG and its $5 billion impact investing platform The Rise Fund. Matrix Renewables’ portfolio is comprised of 1GW of operational, under construction, or near ready-to-build solar PV projects in Spain, Chile, Colombia, and Mexico. Matrix Renewables, and its underlying renewable energy projects, benefits from TPG’s extensive investing and business building experience,
global network, and deep infrastructure and renewable energy expertise. For more information on Matrix Renewables visit www.matrixrenewables.com or send an email to
info@matrixrenewables.co