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Transactions - MARCH 12, 2020

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Tri Global Energy to sell 180MW Texas solar project to Silverpeak

by Released

Tri Global Energy has agreed to sell the 180-megawatt Flatland Solar project to Silverpeak, an alternative investment firm focused on real estate, energy and credit.

Located nearly 100 miles south of Lubbock, Texas, Flatland Solar is a 950-acre secured site, expected to break ground later this year. Nearly 690,000 solar panels will be installed as part of the construction process, with expansion possible during later phases. Flatland Solar is Tri Global Energy’s first solar project in development in Texas.

The energy generated from Flatland Solar will be delivered to the ERCOT grid.

“West Texas has long been known for its vast oil and gas resources,” said Congressman Jodey Arrington (R-Texas). “However, renewable energy projects like Flatland Solar are helping the Lone Star State diversify its energy sources, strengthen America’s energy independence and further its role as the leader in both conventional and renewable energy.”

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