Enbridge

Solar+Storage, Strategy and Best Practices

Tri Global Energy | September 30, 2022

Enbridge Inc. ("Enbridge" or "the Company") announced it has acquired Tri Global Energy ("TGE"), a leading US renewable project developer, for US$270 million in cash and assumed debt. Additionally, up to approximately US$50 million in payments could be made contingent on successful execution of TGE's project portfolio. TGE is currently the third largest onshore wind developer in the US, with a development portfolio of wind and solar projects representing more th...

Energy

Enbridge | October 03, 2022

Tri Global Energy (TGE), one of America's leading developers of renewable energy, has completed its acquisition by Enbridge, Canada's largest energy company. For the second quarter of 2022, the American Clean Power Association (ACP) ranked Tri Global Energy as number 10 in the U.S. for overall renewable energy development (onshore and offshore wind, solar, and battery storage projects), number three for onshore wind development nationally, and number one for onshore wind d...

Smart Energy | January 16, 2020

Enel Green Power Brazil has announced the operations of the 475MW section of the Sao Goncalo solar PV plant in the Brazilian state of Piaui. The plant is South America’s largest PV facility and has gone live a year ahead of the deadline set by the rules of the 2017 A-4 public tender. The tender was issued by the Brazilian federal government through the country’s energy regulator Agência Nacional de Energia Elétrica (ANEEL). Enel invested $390 million for the construction of the 475MW section of ...

Renewables Now | January 13, 2020

London-listed investment company US Solar Fund Plc (LON:USF) on Monday said it has closed the purchase from Greenbacker Renewable Energy Company LLC of three operational solar power facilities in North Carolina with a combined direct current (DC) capacity of 11 MW. Earlier this month, the company announced it had closed the acquisition of cash equity interests in five operational utility-scale solar farms in North Carolina with a total capacity of 28 MW, also part of the deal. The agreement for ...