Pattern Panhandle Wind 2

Pattern Energy — 28 wind+solar parks, 4.4 GW operating in US + Canada + Japan; Pattern Development 4+ GW track record

Pattern Energy Group Inc. (NASDAQ: PEGI public shareholders) → Canada Pension Plan Investment Board (CPPIB) + Riverstone Holdings (Pattern Development combination)

$6.1B EV ($26.75/share all-cash)

Pattern Energy — 28 wind+solar parks, 4.4 GW operating in US + Canada + Japan

Pattern Energy public shareholders → Canada Pension Plan Investment Board (CPPIB)

$6.1B EV / $26.75 per share all-cash

Western Spirit Wind — 1,050+ MW (4 wind sites: Red Cloud, Duran Mesa, Clines Corners, Tecolote) + 150-mile 345kV transmission line in NM

Pattern Energy Group LP → GE Energy Financial Services (tax equity); RETA (transmission)

Undisclosed (transmission ~$285M)

Amazon Wind Farm Texas / Dermott Wind — 253 MW onshore wind, Scurry County, Texas (ERCOT). Original PPA signed Sept 2015 with Lincoln Clean Energy; LCE acquired by Ørsted Aug 2018. Project COD October 19, 2017.

Lincoln Clean Energy (acquired by Ørsted Aug 2018) → Amazon

Bethel Wind Energy Center — ~250 MW onshore wind, Castro County, Texas (ERCOT)

Southern Power / Invenergy → Google

WGL Holdings — Washington Gas Light + non-regulated power/marketing/midstream

AltaGas Ltd.

C$8.4B (~$6.4B USD; $88.25/share cash)