Tri Global Energy has reached an agreement to sell the 360-megawatt Canyon Wind project in Texas to Silverpeak, an alternative investment firm focused on real estate, energy and credit.
The Canyon Wind project occupies more than 38,000 acres of flat farm and ranch land with nearly 150 participating landowners. Tri Global will maintain its role as lead developer through project financing and construction.
“Among West Texas’ greatest assets are world-class wind and the many benefits wind energy brings to the region. We are excited about reaching this new milestone for our Canyon Wind energy project,” said John Billingsley, chairman and CEO of Tri Global Energy. “We look forward to an active partnership with Silverpeak. Texas continues to be a great place to do business for the development of the growing clean energy pipeline.”
