Wind Energy Project in Bailey, Lamb counties to start constructionRhea Gonzales April 5, 2018 0 COMMENTS
From wire reports
Tri Global Energy, a leading U.S. originator and developer of utility-scale wind energy projects announced last week 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, 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.
Tri Global Energy, a developer of wind energy in the U.S., is based in Dallas. The company develops and owns utility-scale wind projects in Texas, New Mexico and Nebraska. For more information, visit www.triglobalenergy.com.