Development

A leader in  developing assets in dynamic global energy markets

The relationship between Pattern Energy and Pattern Development uniquely positions us to deliver a dynamic, customized approach to energy generation that is responsive to customer needs, evolving electrical grids, rapidly changing energy markets, and financial trends.

Although the measure of success at each site is specific to the facility itself, in every case we focus on building lasting relationships with communities, contractors, financial sources, and off-takers.

Backed by a wealth of experience, the Pattern Development team’s strengths in origination, political and community engagement, permitting, environmental mitigation, strategic analysis and risk management enable us to cultivate a broad portfolio. Using industry-leading and next generation technologies, we can provide reliable, flexible renewable energy precisely tailored to our customers’ needs.

A Strong Investment Thesis

Behind any successful development platform is an equally successful investment strategy. We have a proven track record with more than 40 projects completed and more than $8 billion in capital raised from more than 40 institutions. The key drivers of our success are strong returns, yield compressions, understandable risks, and managed capital.

whitepaper-investing-in-development.pngInvesting in Development

Renewable energy is an essential part of today’s energy mix and is poised to become the major source of new energy supply in this century.

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Origination to Operations

Through leadership and shared learning between Pattern Energy and Pattern Development, our projects are designed and built for a seamless transition from development to operations, and for long-term successful facility operations.

Origination & Early Development

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Origination
Identify land
Resource and transmission assessment
Environmental and permitting assessment
Construction and operations cost analysis
Economic analysis

Pre-construction & Financing

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Finalize early development phase work streams
Secure permits, leases, and rights of way
Select vendors, manufacturers, and contractors
Optimize site and equipment
Finalize major construction contract negotiations
Complete detailed engineering and site design
Prepare soil testing and surveys
Complete financial model
Secure offtake and revenue arrangement
Execute power purchase and interconnection agreements
Close construction financing

Construction

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Execute all major construction contracts
Construct balance of plant
Install turbines
Connect to grid
Achieve commercial operation

Sale

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Drop down process
Third party fairness opinion and legal review
Independent board approval
Sale of facility

Operations

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Electricity generation
Power and renewable attribute sales
Operations and maintenance
Data analysis feedback and optimization
Ancillary services
Upgrades, re-powering, and preventative monitoring
Landowner and community relations
Environmental stewardship

 

Learn more about Operations »