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Altius Renewable Royalties Announces New Royalty Created Under Tri Global Energy Royalty Financing Partnership

Altius Renewable Royalties Announces New Royalty Created Under Tri Global Energy Royalty Financing Partnership
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Developer sells two White County renewable energy projects

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WHITE COUNTY â Tri Global Energy, a developer of utility-scale renewable energy projects, has entered into an agreement to sell two renewable energy projects in White County.
Sold are the 180-megawatt Hoosier Line Wind project and the 400-megawatt Honey Creek Solar project to Leeward Renewable Energy, a renewable energy company that owns and operates about 2,000 megawatts of generating capacity.
âHoosier Line Wind and Honey Creek Solar represent a significant milestone for TGE, our first expansion to Indiana,â said John Billingsley, chairman and CEO of Tri Global Energy.
The wind and solar power projects are targeted to be operational as early as 2023 and represent the first deal between the two Dallas, Texas-based companies and the first renewable project sales for Tri Global Energy in Indiana. ....

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US ROUND-UP: Leeward adds 580MW capacity in Indiana to portfolio, Ørsted lands PPA for 200MW Texas project, Navisun launches pollination programme

US ROUND-UP: Leeward adds 580MW capacity in Indiana to portfolio, Ørsted lands PPA for 200MW Texas project, Navisun launches pollination programme
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Navisun’s new solar projects have been certified as pollinator-friendly by the University of Massachusetts. Image: Navisun.
Leeward buys Tri Global’s Indiana portfolio
26 April 2021: Utility-scale renewables group Tri Global will sell two projects in Indiana, totalling 580MW capacity, to Texas-based Leeward Renewable Energy.
The projects – the 180 megawatt (MW) Hoosier Line Wind project and the 400MW Honey Creek Solar project – are expected to come online in 2023 and represent Tri Global’s first project sale.
PV Tech earlier this year that the company is targeting accelerated growth in the utility-scale solar sector, adding that the company “needs to be working on that scale or have neighbouring projects to really be able to compete.” ....

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Altius Renewable Royalties Announces Two New Royalties Created Under Tri Global Energy Royalty Financing Partnership

Press release content from Business Wire. The AP news staff was not involved in its creation.
Altius Renewable Royalties Announces Two New Royalties Created Under Tri Global Energy Royalty Financing Partnership
April 26, 2021 GMT
ST. JOHN’S, Newfoundland (BUSINESS WIRE) Apr 26, 2021
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 180 MW Hoosier Line Wind project and the 400 MW Honey Creek Solar project to Leeward Renewable Energy, a portfolio company of Canadian pension fund subsidiary OMERS Infrastructure.
The two sales result in creation of a 3% royalty on the wind project and a 1.5% royalty on the solar project in favour of Great Bay Renewables LLC (“Great Bay”), which is equally owned by ARR and certain funds managed by affiliates of Apollo Global Management, Inc. ....

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Tri Global Energy Announces Sale of 580 MW of Indiana Wind and Solar Projects to Leeward Renewable Energy

Tri Global Energy Announces Sale of 580 MW of Indiana Wind and Solar Projects to Leeward Renewable Energy
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DALLAS, April 26, 2021 /PRNewswire/ Tri Global Energy, a leading originator and developer of utility-scale renewable energy projects, has entered into an agreement to sell two renewable energy projects – the 180 megawatt (MW) Hoosier Line Wind project and the 400 MW Honey Creek Solar project – to Leeward Renewable Energy, a growth-oriented renewable energy company that owns and operates a portfolio of approximately 2,000 MW of generating capacity.
Hoosier Line Wind and Honey Creek Solar represent Tri Global Energy s first renewable energy projects in White County, Indiana. ....

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