Pattern Energy Group LP
TypePrivate
IndustryElectricity generation
Energy development
Renewable energy
Founded2009 (2009)
Headquarters
San Francisco, California
,
United States
Area served
United States
Canada
Mexico
Key people
Hunter Armistead, CEO
Kristina Lund, President
ProductsElectricity
OwnerCPP Investment Board
Websitepatternenergy.com

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 Mexico. It is headquartered in San Francisco, California with an operations center in Houston, Texas.

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] As of August 2023 the company's aggregate installed operating capacity was approaching 6,000 megawatts.

In July 2022, Pattern Energy acquired the SunZia Transmission line project from SouthWestern Power Group, through private funding.[5]

Facilities

As of August 2023, Pattern Energy owns and/or operates the following operational energy generation facilities:[6]

United States

Canada

Mexico

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. 1 2 "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. ↑ Unruh-Enos, Tierna (2022-07-19). "Pattern Energy Acquires Energy Transmission Line for Massive Wind Project in NM". The Paper. Retrieved 2022-07-19.
  6. ↑ Pattern Energy Group LP (c. 2023). "Portfolio". Pattern Energy. Retrieved August 10, 2023.
    • Historical business data for Pattern Energy Group Inc.:
    • SEC filings
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