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Pattern Energy Completes Acquisition of Two Wind Power Facilities Totaling 351 MW from Wind Capital Group

Submitted by aburr on Fri, 2015-05-29 13:43

Pattern Energy closed the previously announced acquisition of two operational wind power facilities totaling 351 MW from Wind Capital Group and its affiliates for a final purchase price of $242 million plus assumed net debt of $102 million. The acquisition includes ownership interests in the 201-MW Post Rock Wind facility in Kansas, and the 150-MW Lost Creek Wind facility in Missouri. The Post Rock Wind facility in Kansas has a long-term contract with Westar.

Transactions (October 2013)

Constellation and EdF transfer nuclear licenses to Exelon for $400 million; NRG closes $244 million acquisition of Gregory cogen plant in Texas; Vivint Solar secures $200 million for rooftop solar leases; Virginia Power floats $585 million in bonds; Southern Company issues $700 million; plus equity deals totaling $844 million and debt issues totaling $3.635 billion.

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