Enbridge (ENB) has acquired Tri Global Energy

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Enbridge Enhances North American Renewables Business with Acquisition of Tri Global Energy

September 29, 2022 8:00 AM EDT

CALGARY, AB, Sept. 29, 2022 /PRNewswire/ - Enbridge Inc. ("Enbridge" or "the Company") (TSX: ENB) (NYSE: ENB) today 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... More