TPG-backed global renewable energy platform Matrix Renewables has recruited Cindy Tindell to its executive team as managing director to head the company in the US.
Tindell will lead the strategy and execution of Matrix Renewable’s growth in America, building out a US-based presence, aligned with corporate goals to develop, construct, acquire, and operate renewable energy and storage assets.
Tindell joins an experienced management team that has come together over the past year with the support of The Rise Fund, TPG’s global impact investing platform.
Prior to joining Matrix Renewables, Tindell was vice president of mergers and acquisitions at NextEra Energy holding several leadership positions at the company where she led investment decisions, managed P&L for multiple regions, helped develop a competitive transmission business as well as overseeing the development of Florida Power & Light’s conventional and solar thermal fleet.
Tindell said: “I’m delighted to undertake this new opportunity to work with the Matrix Renewables team. I’m looking forward to helping further develop Matrix Renewables’ global growth goals in the US in promoting renewable and clean energy, backed by the sponsorship of The Rise Fund, TPG’s global impact investing platform and a global climate and environmental leader.”
The Matrix Renewables Board issued a statement: “We are pleased to have Cindy join as the Head of the U.S. for Matrix Renewables.
“The US is a geography of strategic focus for growth of the business. Cindy brings decades of relevant sector experience that will be instrumental in Matrix building a significant presence in the US renewables market.”
Matrix Renewables was founded in 2020 and is supported by global alternative asset manager TPG and its impact investing fund The Rise Fund.
Matrix has a “significant solar and storage portfolio” in operation, under construction, and at different phases of development in across Europe and Latin America.