Tri Global Energy has announced the closing of project financing and start of construction for the Blue Cloud Wind Energy Project with Denmark-based Copenhagen Infrastructure Partners (CIP), which will be the long-term owner and operator of the project.
The 148 MW wind project, located in Bailey and Lamb Counties in Texas, is comprised of 19,000 leased acres of privately owned farm land. Tri Global Energy developed the Blue Cloud Wind Energy Project using its proprietary business model, the Wind Force Plan, which allows local landowners and community investors the opportunity to partner with and have a substantial ownership in the wind project development that leased their land.