Tri Global Energy, an originator and developer of utility-scale renewable energy projects, has agreed to sell two renewable energy projects to Leeward Renewable Energy. Financial terms were not disclosed.
The projects include the 180-megawatt Hoosier Line Wind project and the 400-megawatt Honey Creek Solar project, located in White County, Ind. They are expected to be operational by 2023.
“Hoosier Line Wind and Honey Creek Solar represent a significant milestone for TGE, our first expansion to Indiana,” said John Billingsley, chairman and CEO of Tri Global Energy. “We couldn’t be more excited to begin a new relationship with Leeward, whose leadership shares our commitment to develop and expand clean energy and to invest in the advancement of local communities.”
Tri Global Energy, which served as the project’s developer, will continue as a co-development partner under the sale arrangement with Leeward Renewable Energy. In addition, Great Bay Renewable