San Francisco, April 25, 2014 (GLOBE NEWSWIRE) — Pattern Energy Group Inc. (the “Company”) (Nasdaq:PEGI) (TSX:PEG) today announced that it is filing a registration statement on Form S-1 with the Securities and Exchange Commission in connection with a proposed primary and secondary public offering of up to $460 million of its Class A common stock. The proceeds of the primary portion of the offering will be used for working capital and general corporate purposes, which may include investment in one or more acquisition opportunities the Company is considering. The Company will not receive any proceeds from the sale of the shares of Class A common stock to be sold by the selling shareholder.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Contacts:
Investor Relations
Ross Marshall
T: (416) 526-1563
E: [email protected]
Media Relations
Matt Dallas
T: (917) 363-1333
E: [email protected]