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Pattern Energy Group Inc (PEGI.OQ)

PEGI.OQ on NASDAQ Stock Exchange Global Select Market

20.41USD
24 Mar 2017
Change (% chg)

$0.20 (+0.99%)
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Open
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Volume
305,114
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Latest Key Developments (Source: Significant Developments)

Pattern Energy announces pricing of offering of senior notes
Friday, 20 Jan 2017 02:38pm EST 

Pattern Energy Group Inc : Pattern Energy announces pricing of offering of senior notes .Pattern Energy Group Inc says announced pricing of its offering of $350 million aggregate principal amount of its 5.875% senior notes due 2024.  Full Article

Pattern Energy qtrly loss per share $0.05
Monday, 7 Nov 2016 06:00am EST 

Pattern Energy Group Inc : Pattern energy group - narrowing targeted annual cash available for distribution for 2016 to range of $130 million to $140 million . Pattern energy group inc - qtrly loss per share $0.05 . Pattern energy -says sold 1,472,300 mwh of electricity on a proportional basis in q3 of 2016 compared to 1,260,385 mwh sold in same period last year . Pattern energy group inc says declared an increased dividend for q4 2016 in amount of $0.408 per class a common share . Pattern energy reports third quarter 2016 financial results .Q3 revenue $91.9 million versus i/b/e/s view $98.4 million.  Full Article

Pattern Energy in discussions to buy interest in Armow Wind power facility
Tuesday, 16 Aug 2016 04:31pm EDT 

Pattern Energy Group Inc : Intends to fund acquisition with available liquidity from its recent equity offering . Says transaction is expected to close within next 30 to 45 days . "expect to drop down another acquisition from our identified ROFO list before end of year" .Pattern Energy announces it is in discussions to acquire interest in Armow Wind power facility in Ontario.  Full Article

Pattern energy reports Q2 EPS ($0.04)
Friday, 5 Aug 2016 06:00am EDT 

Pattern Energy Group Inc : Q2 revenue $93.4 million versus I/B/E/S view $104.5 million . Pattern Energy reports second quarter 2016 financial results . Pattern Energy reaffirms its targeted annual cash available for distribution for 2016 in a range of $125 million to $145 million . FY2016 earnings per share view $-0.17, revenue view $403.5 million -- Thomson Reuters I/B/E/S . Q2 loss per share $0.04 . Q2 earnings per share view $0.04, revenue view $104.5 million -- Thomson Reuters I/B/E/S .Remain on track to achieve our cash available for distribution target for 2016.  Full Article

Pattern energy - qtrly proportional GWH sold of 1,715 GWH, up 40%
Friday, 5 Aug 2016 06:00am EDT 

Pattern Energy Group Inc : Qtrly revenue of $93.4 million, up 10% . Qtrly proportional gwh sold of 1,715 GWH, up 40% . Cash available for distribution (CAFD) of $35.5 million, up 27% on track to meet full year guidance . Qtrly loss per share $0.04 .Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.  Full Article

Pattern Energy acquires development rights to King Pine Wind Power project
Wednesday, 6 Jul 2016 07:00am EDT 

Pattern Energy Group Inc : Pattern Development acquires the development rights to the 600 MW King Pine Wind Power project in Maine .Has acquired from SunEdison development rights to proposed 600 megawatt (MW) King Pine wind power project.  Full Article

Pattern Energy Group commits to acquire 324 MW Broadview wind power facility in New Mexico for $269 mln
Thursday, 30 Jun 2016 06:07pm EDT 

Pattern Energy Group Inc : Pattern Energy commits to acquire 324 mw Broadview wind power facility in new mexico for $269 million . Has all capital required to fund deal with currently available liquidity . Broadview has entered into two 20-year power purchase agreements with Southern California Edison for sale of 100 percent of its output . Will fund cash purchase price for its interest in project with currently available corporate liquidity . Funding also includes up to $160 million of long-term project holding company debt financing commitments . Expects broadview to generate cash available for distribution of about $28 million per year based on a five-year average run rate .Pattern Energy Group says commits to acquire 324 mw broadview wind power facility in new mexico for $269 million.  Full Article

Pattern Energy reports qtrly loss per share $0.32
Monday, 9 May 2016 06:27am EDT 

Pattern Energy Group Inc : Reaffirms its targeted annual cash available for distribution for 2016 in a range of $125 million to $145 million . Declared a Q2 dividend of $0.39 per class a common share a 2.4 pct increase over previous quarter's dividend . Net loss was $29.0 million in Q1 of 2016, compared to $22.1 million in same period last year. . Qtrly loss per share $0.32 . Pattern energy reports first quarter 2016 financial results .Q1 revenue $87.6 million versus I/B/E/S view $97.4 million.  Full Article

Pattern Energy Group Inc declares increased dividend
Monday, 10 Aug 2015 06:00am EDT 

Pattern Energy Group Inc:Declared an increased dividend for Q3 2015, payable on Oct. 30, to holders of record on Sept. 30 in amount of $0.3630 per Class A share, which represents $1.452 on an annualized basis.This is 3 pct increase from Q2 2015 dividend of $0.3520.  Full Article

Pattern Energy Group Inc acquires remaining capacity in 283 MW gulf wind power facility
Monday, 3 Aug 2015 09:00am EDT 

Pattern Energy Group Inc:Has completed acquisition of remaining 170 megawatt (MW) ownership interests in 283 MW Gulf Wind power facility in Kenedy County, Texas from Pattern Energy Group LP and MetLife Capital LP.Acquisition of the Gulf Wind interests, along with our recently announced dividend increase, demonstrate our commitment to increasing value for our shareholders.  Full Article

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