Pattern Energy

Pattern Energy Group LP is an American company that develops, owns and operates utility scale wind and solar power facilities in the United States, Canada, and Japan. It is headquartered in San Francisco, California with an operations center in Houston, Texas.

Pattern Energy Group LP
TypePrivate
IndustryElectricity generation
Energy development
Renewable energy
Founded2009 (2009)
Headquarters,
United States
Area served
United States
Canada
Japan
Key people
Michael M. Garland, CEO
Hunter Armistead, Executive VP, Business Development
ProductsElectricity
OwnerCPP Investment Board
Websitepatternenergy.com

History

Pattern Energy was organized in 2009 by Riverstone Holdings to acquire assets from Babcock & Brown's North American wind energy group.[1] In 2013 the company sold operating assets to Pattern Energy Group Inc. following that company's initial public offering (IPO).[2] The development assets of Pattern Energy were retained by a privately held entity.

On March 16, 2020, Pattern Energy Group Inc. was acquired by Canada Pension Plan Investment Board (CPPIB) and taken private through a reverse merger transaction.[3][4] In connection with the going private transaction, Pattern Energy Group LP acquired 28 renewable energy facilities from Pattern Energy Group Inc. with an aggregate operating capacity of 4.4 gigawatts.[3]

Projects

As of June 2020, Pattern Energy owns and/or operates the following operational energy generation facilities:[5]

United States

Canada

Japan

References

  1. "Riverstone buys Babcock & Brown's N.A. wind business". Reuters. 2009-06-25. Retrieved 2020-08-05.
  2. Pattern Energy Group Inc. (August 9, 2013). "Form S-1". www.sec.gov. Retrieved 2020-08-05.
  3. "CPPIB wraps up takeover of Pattern Energy". Renewablesnow.com. Retrieved 2020-08-05.
  4. Pattern Energy Group Inc. (February 4, 2020). "Schedule 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934". www.sec.gov. Retrieved 2020-08-05.
  5. Pattern Energy Group LP. "Portfoilo". Pattern Energy. Retrieved June 24, 2020.

Official website

    • Historical business data for Pattern Energy Group Inc.:
    • SEC filings
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