Neither company released financial terms of the transaction.
It was the second major sale of a large Texas wind project by Tri Global in three months. In September, a subsidiary of NextEra Energy Resources, the nation’s largest renewable energy generator, bought the five-phase, 1.1GW Hale project.
In both instances, Tri Global developed the projects using its so-called “Wind Force Plan” business model, which allows local landowners and community investors to team with the developer to have a major stake in a project on their property.
This,