Pattern Energy Group LP
Company Summary
Description
Pattern Energy Group LP ("Pattern Development"), a leading global power developer with an extensive development pipeline, owns a minority stake in Pattern Energy, the publicly listed company. Our continuing relationship with Pattern Development provides us with access to their pipeline of acquisition opportunities. We believe Pattern Development’s ownership position in our company will incentivize Pattern Development to support the execution of our objectives and business strategy through the successful preparation of projects to the construction-ready stage.Related Entities
Recent news
- 5/19/2023 - Pattern Energy Group... (subscriber access)
- 5/15/2023 - Pattern Energy Signs... (subscriber access)
- 9/13/2022 - Talen Energy Assuming... (subscriber access)
- 11/8/2021 - Pattern Energy Begins... (subscriber access)
- 10/12/2021 - Pattern Energy Group... (subscriber access)
Company Transactions
Date: 10/11/2019
Type: Acquisition
BUYERS:
Pattern Energy Group Inc.
DETAILS:
COST: 283 $MM
NOTES:
Pattern acquired a 50% equity ownership in the 300-MW Henvey facility from PEG LP for C$242.4 million. The facility went online in September 2019. They also bought 51% of Pattern Development's Class B interests in the 220-MW Grady Wind Facility for $99.45 million, bringing owned interest to 101 MW. Grady Wind commenced operations in the third quarter of 2019.
Pattern acquired a 50% equity ownership in the 300-MW Henvey facility from PEG LP for C$242.4 million. The facility went online in September 2019. They also bought 51% of Pattern Development's Class B interests in the 220-MW Grady Wind Facility for $99.45 million, bringing owned interest to 101 MW. Grady Wind commenced operations in the third quarter of 2019.
Date: 12/31/2017
Type: Acquisition
BUYERS:
Pattern Energy Group LP
SELLERS:
PSP Investments
PROJECTS:
Mont Sainte-Marguerite Wind Project
DETAILS:
COST: 40 $MM
NOTES:
Pattern will be acquiring its 51% stake in the project after commercial operations begin for a purchase price of $40 million. PSP will own the remaining 49% stake.
Pattern will be acquiring its 51% stake in the project after commercial operations begin for a purchase price of $40 million. PSP will own the remaining 49% stake.
REGIONS:
Canada
Date: 8/14/2017
Type: Acquisition
BUYERS:
Pattern Energy Group Inc.
SELLERS:
Pattern Energy Group LP
ASSETS:
Meikle Wind Project
DETAILS:
COST: 68 $MM
NOTES:
Pattern Energy Group Inc. has acquired 51% stake in the 179 MW Meikle Wind Power Facility located in British Columbia, Canada from Pattern Energy Group LP.
Pattern Energy Group Inc. has acquired 51% stake in the 179 MW Meikle Wind Power Facility located in British Columbia, Canada from Pattern Energy Group LP.
REGIONS:
Canada
Date: 8/10/2017
Type: Acquisition
NOTES:
Pattern Energy & PSP Investments completed the Meikle Wind Facility in the first quarter of 2017. Concurrently, Pattern will be acquiring its 51% stake in the project in the coming days for a purchase price of $65 million. PSP will own the remaining 49% stake.
Pattern Energy & PSP Investments completed the Meikle Wind Facility in the first quarter of 2017. Concurrently, Pattern will be acquiring its 51% stake in the project in the coming days for a purchase price of $65 million. PSP will own the remaining 49% stake.
REGIONS:
Canada
Date: 3/31/2017
Type: Acquisition
BUYERS:
Pattern Energy Group Inc.
SELLERS:
Pattern Energy Group LP
PROJECTS:
BroadView Wind Power Facility
DETAILS:
COST: 215 $MM
VOLUMES: 324 MW
NOTES:
Pattern Energy announced that the company is committed to acquire the 324 MW Broadview Wind Power project and 35-mile 345 kV Western Interconnect transmission line from Pattern Energy Group LP for $269 million at commencement of development. Broadview Facility is located in Clovis, New Mexico and the project will begin commencement of development in early 2017.
Pattern Energy announced that the company is committed to acquire the 324 MW Broadview Wind Power project and 35-mile 345 kV Western Interconnect transmission line from Pattern Energy Group LP for $269 million at commencement of development. Broadview Facility is located in Clovis, New Mexico and the project will begin commencement of development in early 2017.
REGIONS:
South Central
Date: 10/18/2016
Type: Acquisition
BUYERS:
Pattern Energy Group Inc.
SELLERS:
Pattern Energy Group LP
ASSETS:
Armow Wind Power Facility
DETAILS:
COST: 133 $MM
VOLUMES: 90 MW
NOTES:
Acquisition of 90-MW of the 179-MW Armow Wind Facility.
Acquisition of 90-MW of the 179-MW Armow Wind Facility.
REGIONS:
Canada
News & Press Releases
Criterion News
- 5/19/2023 - Pattern Energy Group... (subscriber access)
- 5/15/2023 - Pattern Energy Signs... (subscriber access)
- 9/13/2022 - Talen Energy Assuming... (subscriber access)
- 11/8/2021 - Pattern Energy Begins... (subscriber access)
- 10/12/2021 - Pattern Energy Group... (subscriber access)
- 5/25/2021 - Pattern Energy & Uniper... (subscriber access)
- 4/14/2021 - Talen & Pattern Energy... (subscriber access)
- 8/24/2020 - Pattern Energy Closes... (subscriber access)
- 7/15/2020 - Pattern Energy Prices... (subscriber access)
- 7/13/2020 - Pattern Energy Offering... (subscriber access)
- 6/16/2020 - Pattern Energy Acquires... (subscriber access)
- 1/6/2020 - Pattern Energy Closes... (subscriber access)
- 10/11/2019 - Pattern Energy Acquiring... (subscriber access)
- 8/6/2019 - Pattern Energy Issues... (subscriber access)
- 8/6/2019 - Pattern Energy Acquires... (subscriber access)
- 8/14/2018 - Pattern Energy & PSP... (subscriber access)
- 4/11/2018 - Pattern Enegy Completes... (subscriber access)
- 3/1/2018 - Pattern Energy Mont... (subscriber access)
- 12/27/2017 - Pattern Energy Group... (subscriber access)
- 10/9/2017 - Samsung & Pattern... (subscriber access)
- 8/14/2017 - Pattern Energy Group... (subscriber access)
- 8/8/2017 - Pattern Energy Divesting... (subscriber access)
- 8/8/2017 - Pattern Energy & PSP... (subscriber access)
- 8/8/2017 - Pattern Energy & PSP... (subscriber access)
- 6/19/2017 - PSP Investments to... (subscriber access)
- 6/19/2017 - PSP Investments Acquire... (subscriber access)
- 6/19/2017 - Pattern Energy Group 2... (subscriber access)
- 4/27/2017 - Pattern Energy Acquires... (subscriber access)
- 4/26/2017 - Pattern Files to... (subscriber access)
- 3/7/2017 - Pattern Energy Group... (subscriber access)
Projects & Assets
Direct Assets
Related Assets
Pattern Development
Samsung Renewable Energy Inc
Pattern Energy Group Inc.
Belle River Wind Power Facility (subscriber access)
Samsung Renewable Energy Inc
Pattern Energy Group Inc.
Belle River Wind Power Facility (subscriber access)
Pattern Energy Group Inc.
Southern California Edison
BroadView Wind Power Facility (subscriber access)
Southern California Edison
BroadView Wind Power Facility (subscriber access)
Direct Projects
Meikle Wind Project (subscriber access)Status: (subscriber access)
Mont Sainte-Marguerite Wind Project (subscriber access)
Status: (subscriber access)
Southern Cross Transmission Project (subscriber access)
Status: (subscriber access)
Henvey Inlet Wind Farm (subscriber access)
Status: (subscriber access)
Clines Corners Wind Project (subscriber access)
Status: (subscriber access)
Phoenix Solar Project (TX) (subscriber access)
Status: (subscriber access)
Western Spirit Wind Project (subscriber access)
Status: (subscriber access)
Lanfine Wind (subscriber access)
Status: (subscriber access)
SunZia Wind Power Project (subscriber access)
Status: (subscriber access)
Related Projects
Belle River Wind Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Development
Samsung Renewable Energy Inc
BroadView Wind Power Facility (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Energy Group Inc.
Southern California Edison
Clines Corners Wind Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Energy Group LP
Corona Wind Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Development
Crazy Mountain Wind Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Development
Grady Wind Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Development
Henvey Inlet Wind Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Development
Nigig Power Corporation
Pattern Energy Group LP
Lanfine Wind (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Energy Group LP
North Kent Wind Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Development
Pattern Gulf Wind Repowering (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Energy Group Inc.
Phoenix Solar Project (TX) (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Energy Group LP
Southern Cross Transmission Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Energy Group LP
Stillwater Big Sky Wind Farm (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Development
Pattern Energy Group 2 LP
SunZia Wind Power Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Energy Group LP
Western Spirit Wind Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Pattern Energy Group LP
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FERC Filings
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