Tri Global Energy And Leeward Renewable Energy Finalize Deal For Indiana Renewable Energy Projects

DALLAS, June 2, 2021 /PRNewswire/ — Tri Global Energy, a leading originator and developer of utility-scale renewable energy projects, has announced an agreement to sell two renewable energy projects – a wind and a solar project — in Blackford County, Indiana to Leeward Renewable Energy, a premier owner/operator with a portfolio of approximately 2,000 MW of generating capacity from renewable sources.

Tri Global Energy’s Chairman and CEO, John Billingsley, notes that the two projects have the potential to materially add to the renewable energy infrastructure in the region. “Tri Global Energy continues to drive the energy transition with renewable projects like these in Blackford County. We look forward to working cooperatively with representatives of the county, our participating landowners and our partners to make this significant investment in the community.”

Both projects were originated by Tri Global Energy (TGE) in 2019. Blackford Wind will be capable of delivering up to 200 MW and Blackford Solar will be capable of up to 150 MW. The projects combined are expected to produce enough energy to power more than 80,000 homes.

TGE and Leeward Renewable Energy will work with the county, state, and federal authorities to secure the requisite permits and bring the two projects into construction, with operations projected to commence as early as 2023.

“Projects of this scope demand world-class expertise and resources, and that’s why we consider Leeward Renewable Energy an outstanding partner going forward,” Billingsley said.

This is the second deal between Tri Global Energy and Leeward Renewable Energy. The two companies announced a transaction involving two of Tri Global Energy’s original Indiana projects in White County (180 MW Hoosier Line Wind and 400 MW Honey Creek Solar) in April.

“The acquisition of these quality projects is a great complement to Leeward’s growing portfolio of high-quality wind and solar assets. Leeward is dedicated to responsible energy development, while also providing economic benefits and clean, affordable power to the local community,” said Andrew Flanagan, Chief Development Officer of Leeward. “Tri Global Energy is a great partner and we look forward to continuing our strong relationship in the future.”

Great Bay Renewables, a joint venture company between certain funds managed by affiliates of Apollo Global Management, Inc. and Altius Renewable Royalties Corp. (TSX: ARR), is providing royalty financing in support of Tri Global Energy completing and funding this project development through the start of construction.

About Tri Global Energy

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

About Leeward Renewable Energy, LLC

Leeward Renewable Energy is a leading renewable energy company that owns and operates a portfolio of 22 renewable energy facilities across nine states totaling approximately 2,000 megawatts of generating capacity. Leeward is actively developing new wind, solar, and energy storage projects in energy markets across the U.S., with 17 gigawatts under development spanning over 100 projects. Leeward is a portfolio company of OMERS Infrastructure, an investment arm of OMERS, one of Canada’s largest defined benefit pension plans with C$105 billion in net assets (as at December 31, 2020). For more information, visit www.leewardenergy.com.

SOURCE Tri Global Energy

What Our People Say About Leeward

I like being on a team that is developing ideas and technology to diversify the way we use our planet’s energy and resources.

Carol K

Involvement in new projects, new challenges, and team work.

Bent K

The energy transition represents a rare and exciting moment to reimagine something fundamental to the way we live.

Robert K

Opportunities to make an impact and see the results of your work.

Ronald G

The focus on safety and making field work safer.

C.J. H

Coming from the military, camaraderie was important and there is plenty of that here.

Chase G

Leeward strives to meet the goals of renewable needs throughout the US and is continuously seeking opportunities to expand its portfolio.

Kory F

Leeward has a great group of people focused on getting the job done.

Greg F

I want to work for a company that will have a positive effect on the world.

Corey D

I choose to work in renewable energy because it is a growing industry and good for the environment.

Leena C

I am interested in making our planet a better and less polluted environment for ourselves and for future generations.

Lindy B

I want my work to have a positive impact on the world.

Joseph B

I love working at Leeward because everyday is a new opportunity to make a positive impact on the world.

Jason A

I enjoy working in Human Resources for a renewable energy company that is helping to sustain a better future for the next generation.

Chelsea L

To do my part in providing the next generation with environmentally friendly sustainable energy.

Sam M

I have the support from managers and leaders to develop and implement new ideas.

Brandi M

It is exciting to be a part of an emerging industry that we have already seen changing the world.

Kelly P

An environment that creates the perfect work/life balance while maintaining excellent business ethics and professional growth for employees.

Alexandria P

I joined Leeward because it was committed to growing and the opportunity set for my career was large and well defined.

Massimo P

An opportunity to learn and grow professionally across legal, financial, engineering, construction, O&M, and other areas of expertise.

Paul P

Leeward has a tight knit strong team culture, allowing for access to everything needed for personal and professional growth.

Kyle R

I wanted to be in a growing industry where the future holds a wide variety of opportunities and helps the environment.

Kazi R

I chose the renewable energy field because I’ve always wanted to be part of a shift from fossil fuels to clean energy.

Jonathan S

I decided the best way for me to make an impact on reducing the effects of climate change was for me to work in renewable energy.

Candace W

I chose the field of renewable energy 36 years ago due to my interest in cleaning up the environment, particularly the air quality.

Duane Y

I am passionate about the outdoors and the environment. And I love that I can tell my kids that Leeward is part of the solution.

Tedd M

I am proud to work at Leeward because I truly believe we make a positive impact on the climate and communities we live in.

Karla B

I’ve always been passionate about protecting the planet and everyone in it which is what makes working for Leeward so rewarding.

Evelyn Z

Knowing that I am helping build projects that will contribute to the world’s need for renewable energy motivates me every day.

Joe G

What motivates me are the great people Leeward has across all disciplines and aspects of projects leading growth in the renewable energy industry.

Kelly I

I am proud to work at Leeward and be part of an established team with a proven track record of operational excellence.

Mark D

I’m a believer in renewable energy and am proud to work for a company that strives to make a positive impact in our communities and world.

Mark H

The work I do directly impacts the company and its ability to provide renewable clean energy to the country.

Olay M

I am motivated by working with a great team and delivering renewable energy while reducing environmental and community impacts.