Dune is correct, you can load TERs but not TGWs. To load a TER, go to the Terrain layout in Terragen 2/3 and click Add Terrain at the top of the node list on the left, then choose Heightfield (load file) and find your TER. That's it, it should then appear in the 3D preview. You will probably want to delete the other items in the Terrain node list before doing this however, to avoid confusion and overlapping, and you may also end up under the terrain (indicated by a red terrain icon on the compass at the top-left of the 3D preview), in which case just move the camera up.
- Oshyan