News from Tri Global Energy

Blue Cloud Wind Energy Project Developed by Tri Global Energy Reaches Financial Close and Starts ConstructionBlue Cloud Wind Energy Project Developed by Tri Global Energy Reaches Financial Close and Starts Construction

Blue Cloud Wind Energy Project Developed by Tri Global Energy Reaches Financial Close and Starts Construction

DALLAS (March 28, 2018) -- Tri Global Energy, a leading U.S. originator and developer of utility-scale wind energy projects, today announced the closing of project financing and start of construction for the Blue Cloud Wind Energy Project with Denmark-based Copenhagen Infrastructure Partners (CIP), which will be the long-term owner and operator of the project. 

The 148 MW wind project, located in Bailey and Lamb Counties in Texas, is comprised of 19,000 leased acres of privately owned farm land.  Tri Global Energy developed the Blue Cloud Wind Energy Project using its proprietary business model, the Wind Force Plan, which allows local landowners and community investors the opportunity to partner with and have a substantial ownership in the wind project development that leased their land. 

“We are very proud to develop wind projects that not only benefit the environment by creating renewable energy sources, but also the larger communities where they are located,” said John Billingsley, Chairman and CEO of Tri Global Energy.   

Since founding the Blue Cloud community-sponsored wind energy project in 2013, Tri Global Energy has been a manager, member and the exclusive project developer.  Since July 2016, when CIP purchased the Blue Cloud Wind Energy project, Tri Global Energy’s experienced project development team has worked closely with CIP to complete development, achieve financial closing and start construction.

About Tri Global Energy

Tri Global Energy (TGE) is an independent renewable energy originator and developer in the U.S. The company is a leading wind developer in Texas and is among the top five in the U.S. for projects under construction. Nearly 3,500 megawatts of TGE’s development projects are either in financing, construction or operation, including wind, solar and energy storage projects.

Founded in 2009, Tri Global Energy’s mission is to improve communities through local economic development generated by originating and commercializing renewable energy projects. The company currently develops and owns utility-scale wind and solar energy projects in Texas, Nebraska, Illinois, Indiana and Virginia. Tri Global Energy is headquartered in Dallas with regional development offices in Lubbock, Texas; El Paso and Forreston, Illinois and Hartford City, Indiana. For more information, visit www.triglobalenergy.com.