Le Lézard
Classified in: Oil industry, Environment
Subjects: LEG, ENP

Statement On Build Back Better Bill: Tri Global Energy CEO Says the Job Is Not Finished


DALLAS, Nov. 8, 2021 /PRNewswire/ -- A major infrastructure bill is headed to President Biden's desk for his signature ? but a leading renewable energy developer says that the job is not finished.

John Billingsley, Chairman and CEO of Dallas-based Tri Global Energy, says that the second bill - the Build Back Better Bill, slated to be voted on by the House of Representatives the week of Nov. 15 ? contains critical provisions for the infrastructure of the future: renewable energy projects.

"The Build Back Better Bill is necessary to maintain momentum for America's shift to clean energy and to help reverse climate change," said Billingsley.  "It's a win-win-win-win proposition ? an investment in clean energy that in turn generates hundreds of thousands of jobs, billions of dollars in capital investments and local taxes, electricity savings for businesses and homeowners, and better air quality for everyone."

The Build Back Better Bill has been called the largest national investment ever in clean energy and the climate, but Billingsley says that investment will be more than paid back by the benefits of the renewable energy industry. "Tri Global Energy is only 12 years old, but our company alone is already responsible for almost $10 billion in capital spending, tax revenues and payments to local landowners and investors. With the provisions of this new bill, the entire renewable energy industry ? particularly wind and solar ? will pay exponential benefits to our country, and our elected representatives must ensure that happens."

About Tri Global Energy
We are developers of sustainable energy.  Tri Global Energy's mission is to improve communities through local economic development generated by originating and commercializing renewable energy and storage projects.  The company currently originates and develops utility-scale wind, solar and energy storage projects in Texas, Nebraska, Illinois, Indiana, Pennsylvania, and Virginia. Tri Global Energy's headquarters is in Dallas with regional development offices in Lubbock, Texas; El Paso and Forreston, Illinois; and Reynolds and Hartford City, Indiana.  For more information, visit www.triglobalenergy.com.

SOURCE Tri Global Energy


These press releases may also interest you

at 16:15
ARC Resources Ltd. ("ARC" or the "Corporation") is pleased to announce that its shareholders approved all resolutions at its Annual and General Meeting of Shareholders (the "Meeting") held on May 10, 2024....

at 16:09
Crescent Point Energy Corp. ("Crescent Point", or the "Company") and held its Annual and Special Meeting of Shareholders ("AGM" or "the meeting") on May 10, 2024. During the business portion of the meeting, shareholders approved all resolutions...

at 16:05
Saville Resources Inc. (the "Company") announce it has increased the proposed size of its previously announced non-brokered private placement (see press release of May 1, 2024 for further details) to a new maximum of up to 20,000,000 units...

at 15:50
Bechtel today announced the completion of the jacking and setting process for Mobile Launcher 2 at Kennedy Space Center. This achievement is a critical step in the process to design, build, and commission NASA's new mobile launcher. The milestone was...

at 15:26
The board of directors of Ameren Corporation today declared a quarterly cash dividend on its common stock of 67 cents per share. This dividend is payable June 28, 2024, to shareholders of record at the close of business on June 12, 2024. ...

at 14:38
To keep power flowing safely and reliably, FirstEnergy Corp. is conducting proactive aerial inspections of nearly 7,000 miles of transmission lines in its service territory using helicopters equipped with infrared technology. This work helps ensure...



News published on and distributed by: