Enbridge bought Texas renewables company known for wind and farms

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Electricity generated from renewable sources will be increasingly in demand over the next...

and already has three wind farms in Texas — near Corpus Christi, Harlingen and a third Northwest of Dallas. It has 23 wind farms in operation or under construction.

“TGE will enhance Enbridge’s renewable platform and accelerate our North American growth strategy,” said Al Monaco, Enbridge’s president and chief executive. “TGE’s significant development pipeline, coupled with our renewable capabilities, and existing self-power opportunities, make this a truly synergistic investment that further positions us to grow organically at attractive equity returns.”

 

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