Comprised of 30,000 leased acres of privately owned farm and ranch land in Glasscock County, Texas, Bearkat is now owned by a fund managed by Copenhagen Infrastructure Partners (CIP), based in Denmark. Tri Global Energy developed Bearkat 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.
“Community-focused development, coupled with Texas’ significant investments in infrastructure, abundant wind, solar and fossil resources, and supportive business environment contribute to our national leadership in all forms of energy generation,” said Congressman Mike Conaway (R-Texas), who represents Glasscock County. “Wind energy projects like these positively impact local economies through job creation and increased tax revenues.”
Since founding the Bearkat community-sponsored wind energy project in September 2012, Tri Global Energy has been a manager, member and the exclusive project developer. In July 2016, CIP purchased Bearkat and another Tri Global Energy wind development, Blue Cloud Wind Energy. Since then, Tri Global Energy’s project development team has worked closely with CIP to achieve financial closing and funding to start construction.