Tri Global Energy announced the transaction Sept. 30, 2022.
Tri Global is a leading renewable energy developer and currently the third-largest onshore wind developer in the U.S., with a development portfolio of wind, solar and energy storage projects representing more than 7 GW of renewable generation capacity.
“When we established Tri Global Energy, our vision was to create a better way to develop wind energy projects. This proved to be what the industry needed to help accelerate the transition to renewable energy in the U.S.," John B. Billingsley, TGE Founder, Chairman and CEO, said in a statement. "Today TGE is an industry leader in clean energy with a highly talented and experienced team. Our current opportunity with Enbridge allows for continued robust growth to meet the challenge of our lifetime – the transition to a low-carbon economy."
Tri Global Energy will “enhance Enbridge's renewable platform and accelerate our North American growth strategy," Al Monaco, Enbridge's President and CEO, said in a statement announcing the deal.
The administrative partner of Haynes Boone’s Denver office, Malone handles complex business transactions for both private and public companies, with a particular focus on mergers and acquisitions, leveraged buyouts, and strategic investments. He was assisted in the transaction by: Associates Valisa Berber-Thayer, Reem Abdelrazik and Maseo Brown (M&A), Partner Raquel Alvarenga (Labor & Employment), Partner Gavin George (Intellectual Property), Counsel Ed Lebow and Associate Colin Cox (Regulatory), Counsel Scott Thompson (Benefits), Partner Don Shiman and Associate Dan Collins (Tax) and Partner Mary Mendoza (Environmental).
Haynes Boone’s M&A lawyers have comprehensive experience handling middle market deals, having helped clients close more than 500 transactions in the last five years, with an aggregate value exceeding $40 billion. The group routinely represents private equity firms, closely held corporations, founders, large financial institutions, and Fortune 500 public companies.