Matrix Renewables, the TPG-backed global renewable energy platform, has announced the addition of Giora Salita to its executive team as Chief Operating Officer.
Salita’s new position brings him in full alignment with corporate goals to develop, construct, acquire, and operate best-in-class renewable energy and storage assets globally. Salita will lead innovation and technology within Matrix, as well as the engineering, construction, operations and asset management of Matrix Renewable’s projects globally.
He will be based in Matrix’s US office in Miami, Florida.
Salita joins an experienced management team that has come together over the past three years with the support of The Rise Fund, TPG’s global impact investing platform.
Salita has spent more than 17 years in the renewable energy sector and prior to it 19 years in the technology sector.
His experience includes over $3B enterprise value transactions, including successful platform builds and asset exits in the renewable energy utility scale IPP sector.
Prior to joining Matrix Renewables, he was an independent angel investor and advisor to renewable energy and climatech ventures.
Before that, he successfully completed a broad range of global and local executive roles including EVP corporate development, EVP business development & M&A as well as VP utility power plants in Etrion Corporation, Sunpower Corporation and Sunray Renewables respectively.
He is bringing an important deep and broad experience in domains of asset development and optimization, M&A, technology, construction and operations excellence in publicly Listed (NASDAQ, TSX and OMX), PE and family office-backed ventures.
Speaking of his new position, Salita notes, “I’m delighted to undertake this opportunity to work with the leading experts of the renewable energy sector I found in Matrix Renewables.
I’m looking forward to continuing to develop Matrix Renewables’ global platform and accelerating its scalability in each domain of the value chain from development to operations.
Operational excellence and ESG focus will continue guiding us in developing first class assets and I am very privileged to become a member of this leading team.”
In recognition of Salita’s appointment, the Matrix Renewables President, Luis Sabate, added, “With a robust background in the renewables sector and a proven track record of operational excellence, Salita is poised to play a pivotal role in propelling Matrix to new heights.
As our industry continues to evolve with increasing complexity, his expertise will be instrumental in navigating the challenges and ensuring our sustained success.
His deep understanding of renewables, coupled with a relentless commitment to operational efficiency, aligns seamlessly with Matrix’s vision for a sustainable and prosperous future. We warmly welcome Mr. Salita to our team and look forward to achieving new milestones together as we strive for excellence in the ever-evolving landscape of our industry.”
With the addition of Salita and a number of ongoing initiatives, the organization plans to materially increase its global operating assets portfolio as well as projects under construction in the next few years.
