- Increases dividend to $0.422 per Class A common share for Q4 2017 -
SAN FRANCISCO, California, November 9, 2017 - Pattern Energy Group Inc. (the “Company” or “Pattern Energy”) (NASDAQ & TSX: PEGI) today announced its financial results for the 2017 third quarter.
(Figures reported below are for the third quarter of fiscal 2017, unless otherwise noted)
“The strategic transactions we announced earlier this year together with the new capital we raised last month represent the beginning of the next phase of our growth strategy,” said Mike Garland, President and CEO of Pattern Energy. “With the steps we have taken this year, the business is significantly stronger today. We have a clear opportunity to capitalize on the assets from the identified ROFO list and our investment in Pattern Development 2.0. The expansion of the identified ROFO list demonstrates the progress we are making toward achieving our goal of 5 gigawatts ("GW") by 2020.”
See attached PDF for the full earnings press release.
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