Financial terms of the transaction were not made public. First Wind will build and operate the project.
Dallas-based Tri Global Energy formed Floyd County Wind Farm in 2010, one of 17 projects it owns in Texas along with local landowners, community investors and managers with 6.5GW potential generating capacity.
In March 2012, Tri Global, Floyd County Wind Farm LLC and Westerly Wind, a Massachusetts-based developer, formed South Plains Wind Energy LLC to develop a two-stage, project up to 500MW.
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