Altius Renewable Royalties Corp. (TSX: ARR) ("ARR" or the "Company"), is pleased to report that Tri Global Energy ("TGE") has announced the sale of two renewable energy projects, namely the 200 MW Blackford Wind project and the 150 MW Blackford Solar project both in Indiana to Leeward Renewable Energy, a portfolio company of Canadian pension fund subsidiary OMERS Infrastructure.
New 12,000 Acre Wind Farm Coming to West Texas
RANKIN, TX – Over 12,000 acres in Rankin will soon be turned into a wind farm.
Tri Global Energy, an independent renewable energy originator and developer, today announced the sale of its 175 MW West Texas wind project, Appaloosa Run, in southeast Upton County near the county seat of Rankin, Texas. Comprised of approximately 12,300 leased acres, the project s land is privately owned by a single landowner and Texas s largest university system, the University of Texas.
Tri Global Energy, an independent renewable energy originator and developer, today announced the sale of its 175 MW West Texas wind project, Appaloosa Run.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Tri Global Energy Advances 175 MW West Texas Wind Project with Sale of Appaloosa Run
May 4, 2021 GMT
DALLAS , May 4, 2021 /PRNewswire/ Tri Global Energy, an independent renewable energy originator and developer, today announced the sale of its 175 MW West Texas wind project, Appaloosa Run, in southeast Upton County near the county seat of Rankin, Texas. Comprised of approximately 12,300 leased acres, the project’s land is privately owned by a single landowner and Texas’s largest university system, the University of Texas.
Tri Global Energy commenced Appaloosa Run’s development phase in 2018. Estimates call for the wind project to generate millions in tax revenue for local schools and roads, among other local community services.
ST. JOHN’S, Newfoundland (BUSINESS WIRE)
Altius Renewable Royalties Corp. (TSX: ARR) (“ARR” or the “Company”), is pleased to announce that Tri Global Energy (“TGE”) has announced the sale of its 175 MW Appaloosa Run wind project in West Texas to an established buyer. The sale results in creation of a 1.5% royalty in favour of ARR’s 50% owned subsidiary, Great Bay Renewables LLC, under its royalty-based portfolio funding agreement with TGE. This sale represents the sixth royalty to be created under the Tri Global Energy agreement with Great Bay Renewables. The six royalties in aggregate represent approximately 1695 MW of solar and wind power.
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