Pattern Energy Group has closed the previously announced acquisition of two operational wind power facilities totaling 351 megawatts (MW) from Wind Capital Group (WCG) and its affiliates for a final purchase price of $242 million plus assumed net debt of $102 million. The acquisition includes ownership interests in the 201-MW Post Rock Wind facility in…
Pattern Energy increases annual CAFD per share growth target to 12-15%
Pattern Energy Group Inc. announced it has increased its growth target for cash available for distribution (CAFD) per share to a compound annual growth rate (CAGR) of 12-15% for the next three years. Pattern Energy also announced it has entered into definitive agreements to acquire three wind power facilities for a total combined equity purchase…