DALLAS, Sept. 30,
2022 /PRNewswire/ -- Tri Global Energy (TGE),
one of America's leading developers of renewable energy,
(www.triglobalenergy.com), has completed its acquisition by
Enbridge (www.enbridge.com) (TSX: ENB) (NYSE: ENB),
Canada's largest energy
company.
For the second quarter of 2022, the American Clean Power
Association (ACP) ranked Tri Global Energy as number 10 in the U.S.
for overall renewable energy development (onshore and offshore
wind, solar, and battery storage projects), number three for
onshore wind development nationally, and number one for onshore
wind development in Texas, one of
the world's largest producers of wind energy. ACP includes projects
both under construction and in advanced development.
Since its founding in 2009, Tri Global Energy has developed 8.7
GW of power from 37 total projects in seven states - Texas, Illinois, Indiana, Nebraska, Pennsylvania, Virginia, and Wyoming. TGE has successfully originated,
developed and sold multiple projects to leading renewable equity
partners such as NextEra, Copenhagen Infrastructure Partners and
Engie. This includes 10 Texas wind projects, which are now in
commercial operation.
"When we established Tri Global Energy, we had a vision of
creating a better way to develop wind energy projects. This proved
to be what the industry needed to help accelerate the transition to
renewable energy in the U.S.," said John B.
Billingsley, TGE Founder, Chairman and CEO. "Today TGE is a
leader in clean energy with a highly talented and experienced team.
Our current opportunity with Enbridge allows for continued robust
growth to meet the challenge of our lifetime – the transition to a
low-carbon economy."
Lazard served as lead financial advisor to Tri Global Energy,
and Haynes and Boone served as
outside counsel to Tri Global Energy.
About Tri Global Energy
Founded in 2009, Triu Global Energy is a leading renewable
energy developer drawing on the natural, renewable resources of the
wind and the sun to successfully address the growing demand for
clean and sustainable energy. Tri Global Energy is among
America's top utility-scale renewable energy developers. In
fact, for more than a decade, the company has been the largest
developer of wind energy projects currently under construction in
Texas, the nation's leader in wind
capacity. For further information on TGE please visit
www.triglobalenergy.com.
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SOURCE Tri Global Energy