Terna Energy, member of large Greek conglomerate GEK Terna, has acquired a 380MW wind energy project from Tri Global Energy in Texas, US.

If terms of the deal have not been disclosed, the facility is due to power around 110,200 homes once completed.

Comprising nearly 32,000 leased acres of privately owned farm and ranch land, the Fluvanna Wind Energy farm will be constructed in phases with the first one expected to be operational in 2017.

As part of the contract, Tri Global will work with Terna during the construction phase, up to the time when the project reaches commercial operation.

The project was designed under Tri Global’s proprietary business model, wind force plan, which enables local landowners and community investors to partner with and have a substantial ownership in the wind project development that leased their land.

Terna Energy S.A., based in Athens, Greece, is a developer, owner and operator of 885 MW of renewable energy projects in operation or under construction in Europe and the U.S.