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Friday, December 27, 2013

Pattern Energy to buy two wind power projects

Pattern Energy Group Inc. announced it has agreed to buy two wind power projects from its majority shareholder, Pattern Energy Group LP, for total cash consideration of $202.4 million.
The purchase will add 214 MW (an increase of 21 percent) in net capacity when completed, increasing Pattern Energy’s portfolio to 1,255 MW. Acquisitions funded from available cash and credit facilities. Continue...

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