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M&AClosedMarch 13, 2020

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

CPPIB completes $6.1B take-private of Pattern Energy ($26.75/share all-cash). Pattern + Pattern Development combined under common ownership with Riverstone. Closed Q1 2020. Major US/Canada/Japan wind operating IPP take-private.

$6.10B

Deal Value

4,400MW

Capacity

Wind

Technology

CA

Location

Deal Details

Deal Type
Corporate M&A
Buyer / Financier
Canada Pension Plan Investment Board (CPPIB)
Deal Value
$6.1B EV / $26.75 per share all-cash
Stage
Operating
ISO/RTO
Multiple

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