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
- Seller / Sponsor
- Pattern Energy public shareholders
- Buyer / Financier
- Canada Pension Plan Investment Board (CPPIB)
- Deal Value
- $6.1B EV / $26.75 per share all-cash
- Stage
- Operating
- ISO/RTO
- Multiple
- Source
- Pattern Energy
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