The move follows JBB's $12 billion sale of Tronic in March. Proteus is an international developer of utility-scale renewable energy. Its headquarters in Houston will move to JBB Advanced Technologies' headquarters in Carrollton, with all current employees being retained, and a branch office is planned for Lubbock, JBB said.
In this week’s North Texas deal flow, you’ll also find news about crowdfunding platform Harvest Return landing $2.5M; Supply’s acquisition by Foundry Brands; Moss Adams acquiring local CPA firm Kurtz & Company P.C.; Tri Global Energy being acquired for $270M by Canada's Enbridge; and more.
Tri Global Energy, Texas' leading developer of wind energy products, has been sold for $270 million to Enbridge, the largest energy company in Canada, the Dallas Morning News reported today.
Since Billingsley founded the company in 2009, Tri Global has helped Texas become the nation's leader in wind energy capacity by developing and monetizing over 6 GW of utility scale renewable projects, the companies said. Tri Global is now among America's top utility-scale renewable energy developers.
John B. Billingsley, the man behind renewable industry leaders Tri Global Energy and Sunfinity Renewable Energy, shares his experience as a leading developer of wind farms in "Texas Wind Force." In honor of Earth Day, on April 22 the ebook will be available for a free digital download.
Nonprofit startup accelerator MassChallenge established its second U.S. headquarters in Dallas, thanks to continued financial support from Dallas’ Lyda Hill Philanthropies.
Boston-based MassChallenge came to North Texas in 2022 with money from Lyda Hill Philanthropies....
Nonprofit startup accelerator MassChallenge established its second U.S. headquarters in Dallas, thanks to continued financial support from Dallas’ Lyda Hill Philanthropies.
Boston-based MassChallenge came to North Texas in 2022 with money from Lyda Hill Philanthropies....