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M&AAnnouncedDecember 16, 2024

Pattern Energy Group LP — 5.6 GW developed (incl. SunZia 3.5 GW transmission/wind) + significant US/Canada wind/solar/transmission portfolio

APG-ART consortium acquires Riverstone's stake in Pattern Energy alongside CPP Investments and management. Riverstone full exit after founding investor role since 2009. Pattern Energy was previously valued ~$8.7B in 2020 CPPIB take-private. Major US clean energy IPP with SunZia HVDC + 3,515 MW wind project.

5,600MW

Capacity

Hybrid

Technology

Multi-state

Location

Deal Details

Deal Type
Strategic & Growth Capital
Seller / Sponsor
Riverstone Holdings
Deal Value
Undisclosed
Stage
Mixed
ISO/RTO
Multiple

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