M&AAnnouncedJanuary 6, 2026

Cordelio Power — 1,550 MW operating and in-construction wind, solar, and storage portfolio + development pipeline

Pattern Energy acquires Cordelio Power including 16 operating/in-construction projects and majority of Cordelio's wind and storage development pipeline. Share-based transaction between CPP Investments portfolio companies. Expected close Q1 2026.

1,550MW

Capacity

Hybrid

Technology

Multi-state + Canada

Location

Deal Details

Deal Type
Platform Acquisition
Seller / Sponsor
Cordelio Power (CPP Investments)
Buyer / Financier
Pattern Energy
Deal Value
Undisclosed
Stage
Mixed (Operating + Construction + Development)
ISO/RTO
Multiple

Service Providers

Advisory & Legal

Sponsor Counsel
Skadden, Osler Hoskin & Harcourt
Seller Financial Advisor
JPMorgan
Buyer Financial Advisor
Evercore

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