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WASHINGTON (Sept. 11, 2017)—Pattern Energy Group Inc. (Nasdaq & TSX: PEGI) ("Pattern Energy") today announced it is joining with other American wind energy companies as a keystone partner of Habitat Hammers Back, the Hurricane Harvey repair and rebuilding initiative led by Habitat for Humanity. The companies are donating $1 million in aggregate to support repairs and rebuilding efforts in areas impacted by the storms.
"With an office in Houston and over 100 employees in the Houston area, we have a close connection to the damage and pain that was caused by Hurricane Harvey – and we are committed to helping the area recover," said Mike Garland, CEO of Pattern Energy.
SAN FRANCISCO, California, August 14, 2017 – Pattern Energy Group Inc. (Nasdaq & TSX: PEGI) ("Pattern Energy" or the "Company"), today announced it has completed the acquisition of a 51% interest in the 179 MW Meikle Wind facility from Pattern Energy Group LP ("Pattern Development 1.0") for $68 million1, which represents a 10x multiple of the five-year average cash available for distribution2 ("CAFD"). The Public Sector Pension Investment Board ("PSP Investments") acquired the remaining 49%.
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