Pattern Energy
{{short description|Renewable energy company}}
{{Infobox company
| name = Pattern Energy Group LP
| logo = Pattern Logo 6.2020.svg
| type = Private
| area_served = United States
Canada
Mexico
| key_people = Hunter Armistead, CEO
Kristina Lund, President
| products = Electricity
| industry = Electricity generation
Energy development
Renewable energy
| foundation = {{Start date|2009}}
| location_city = San Francisco, California
| location_country = United States
| owner = CPP Investment Board
| homepage = {{url|https://patternenergy.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.{{Cite news|date=2009-06-25|title=Riverstone buys Babcock & Brown's N.A. wind business|language=en|work=Reuters|url=https://www.reuters.com/article/babcock-riverstone-idUSN2528956720090625|access-date=2020-08-05}} In 2013 the company sold operating assets to Pattern Energy Group Inc. following that company's initial public offering (IPO).{{Cite web|last=Pattern Energy Group Inc.|date=August 9, 2013|title=Form S-1|url=https://www.sec.gov/Archives/edgar/data/1561660/000119312513329269/d564947ds1.htm|archive-url=|archive-date=|access-date=2020-08-05|website=www.sec.gov}} 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.{{Cite web|title=CPPIB wraps up takeover of Pattern Energy|url=https://renewablesnow.com/news/cppib-wraps-up-takeover-of-pattern-energy-690937/|access-date=2020-08-05|website=Renewablesnow.com|language=en}}{{Cite web|last=Pattern Energy Group Inc.|date=February 4, 2020|title=Schedule 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934|url=https://www.sec.gov/Archives/edgar/data/1561660/000119312520024256/d816812ddefm14a.htm|archive-url=|archive-date=|access-date=2020-08-05|website=www.sec.gov}} 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. 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.{{Cite web |last=Unruh-Enos |first=Tierna |date=2022-07-19 |title=Pattern Energy Acquires Energy Transmission Line for Massive Wind Project in NM |url=https://abq.news/2022/07/pattern-energy-acquires-energy-transmission-line-for-massive-wind-project-in-nm/ |access-date=2022-07-19 |website=The Paper. |language=en-US}}
Facilities
As of August 2023, Pattern Energy owns and/or operates the following operational energy generation facilities:{{Cite web |last=Pattern Energy Group LP |date=c. 2023 |title=Portfolio |url=https://patternenergy.com/portfolio/ |access-date=August 10, 2023 |website=Pattern Energy}}
= United States =
- Amazon Wind Farm (Fowler Ridge), Benton County, Indiana, United States
- Broadview Wind, Curry County, New Mexico, United States
- Gulf Wind in Kenedy County, Texas, United States
- Grady Wind, Curry County, New Mexico, United States
- Hatchet Ridge Wind in Burney, California, United States
- Logan's Gap Wind, Comanche County, Texas, United States
- Lost Creek Wind, DeKalb County, Missouri, United States
- Ocotillo Wind in Ocotillo, California, United States
- Panhandle Wind, Carson County, Texas, United States
- Panhandle 2 Wind, Carson County, Texas, United States
- Phoenix Solar, Fannin County, Texas, United States
- Post Rock Wind, Ellsworth and Lincoln Counties, Kansas, United States
- Santa Isabel Wind in Santa Isabel, Puerto Rico
- SunZia Wind and Transmission, Lincoln County, New Mexico (in development as of August 2023)
- Stillwater Wind, Stillwater County, Montana, United States
- Western Spirit Wind, Guadalupe, Lincoln and Torrance counties, New Mexico
= Canada =
- Armow Wind, Kincardine, Ontario, Canada
- Belle River Wind, Lakeshore, Ontario, Canada
- Grand Renewable Wind, Haldimand County, Ontario, Canada
- Henvey Inlet Wind, Henvey Inlet First Nation Reserve No. 2 Lands, Ontario, Canada
- K2 Wind, Ashfield-Colborne-Wawanosh, Ontario, Canada
- Lanfine Wind, Oyen, Alberta
- Meikle Wind, Peace River Regional District, British Columbia, Canada
- Mont Sainte Marguerite Wind, Chaudière-Appalaches region, Quebec, Canada
- North Kent Wind, Ontario, Canada
- South Kent Wind in South Kent, Ontario, Canada
- St. Joseph Wind in St. Joseph, Manitoba, Canada
= Mexico =
- Helios Solar, Mazapil Municipality, Zacatecas, Mexico
- Tuli Solar, Mazapil Municipality, Zacatecas, Mexico
References
{{reflist}}
External links
- Official website: {{website|https://patternenergy.com/}}
{{Finance links historical
| name = Pattern Energy Group Inc.
| sec_cik = PEGI
}}
Category:Wind power companies of the United States
Category:Solar energy companies of the United States
Category:Energy companies established in 2009
Category:Renewable resource companies established in 2009
Category:2009 establishments in California
Category:Companies based in San Francisco
Category:Companies formerly listed on the Nasdaq
Category:CPP Investment Board companies
Category:2013 initial public offerings