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
- Source
- Pattern Energy
Service Providers
Advisory & Legal
- Sponsor Counsel
- Skadden, Osler Hoskin & Harcourt
- Seller Financial Advisor
- JPMorgan
- Buyer Financial Advisor
- Evercore
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