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Profile: Pattern Energy Group Inc (PEGI.O)

PEGI.O on Nasdaq

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16 Aug 2019
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Pattern Energy Group Inc. (Pattern Energy), incorporated on October 2, 2012, is an independent power company focused on owning and operating power projects. The Company holds interests in over 24 wind and solar power projects located in the United States, Canada and Chile with total capacity of over 2,861 megawatts (MW). Each of its projects has contracted to sell its output pursuant to a power sale agreement. The Company sells its electricity and environmental attributes, including renewable energy credits (RECs), to local utilities under long-term and fixed-price power purchase agreements (PPAs). The Company's operating projects are Gulf Wind, Texas; Hatchet Ridge, California; St. Joseph, Manitoba; Spring Valley, Nevada; Santa Isabel, Mont Sainte Marguerite Wind Power, Puerto Rico; Ocotillo, California; South Kent, Ontario; El Arrayan, Chile; Panhandle 1, Texas; Panhandle 2, Texas; Grand, Ontario; Post Rock, Kansas; Lost Creek, Missouri; K2, Ontario; Logan's Gap, Texas, Amazon Wind Farm Fowler Ridge, Indiana, and Armow Wind power facility in Ontario, Canada.

The Company's Gulf Wind project is an approximately 280 MW project located on the Gulf Coast in Kenedy County, Texas. The Gulf Wind project is located in the South Zone of the Electric Reliability Council of Texas (ERCOT) market. The Gulf Wind project is connected to the Electric Transmission Texas of over 345 kilovolts (kV) transmission system. The Hatchet Ridge project is an approximately 100 MW project located in Burney, California. The Hatchet Ridge project consists of over 40 Siemens Canada Limited (Siemens) turbines in size of approximately 2.3 MW. The Hatchet Ridge project is connected to the Pacific Gas and Electric Company (PG&E) transmission system. The St. Joseph project is an approximately 140 MW project located near St. Joseph, Manitoba. The St. Joseph project consists of over 60 Siemens turbines in size of approximately 2.3 MW. The St. Joseph project is connected to the Manitoba Hydro transmission system. The Company's Spring Valley project is an approximately 150 MW project located in White Pine County, Nevada. The Spring Valley project consists of over 70 Siemens turbines in size of approximately 2.3 MW. The Spring Valley project is connected to the NV Energy transmission system. Its Mont Sainte-Marguerite Wind power facility generates approximately 147 MW.

The Company's Santa Isabel project is an approximately 100 MW project located on the south coast of Puerto Rico. The Santa Isabel project consists of over 44 Siemens turbines in size of approximately 2.3 MW. The Santa Isabel project is connected to the Puerto Rico Electric Power Authority (PREPA) transmission system. The Ocotillo project is an approximately 265 MW project located in western Imperial County, California. The Ocotillo project consists of over 110 Siemens turbines in size of approximately 2.3 MW. The South Kent project is an approximately 270 MW project located in the municipality of Chatham-Kent in southern Ontario. The South Kent project consists of over 120 Siemens turbines in size of approximately 2.3 MW. The South Kent project connects to the Hydro One Networks, Inc. (HONI), which is an approximately 230 kV transmission system at the Chatham switching station.

The Company's Panhandle 1 project is an approximately 220 MW project located in the Texas Panhandle, in Carson County, Texas. The Panhandle 1 project consists of over 120 General Electric (GE) turbines in size of approximately 1.85 MW. The Panhandle 2 project is an approximately 180 MW project located in the Texas Panhandle in Carson County, Texas. The Panhandle 2project consists of over 80 Siemens turbines in size of approximately 2.3 MW. The Grand project is an approximately 150 MW project located in Haldimand County in southern Ontario. The Grand project consists of an approximately 67 Siemens turbines in size of approximately 2.3 MW. The Logan's Gap is an approximately 200 MW project in Comanche County, Texas. The Logan's Gap project consists of over 90 Siemens turbines in size of approximately 2.3 MW. The Amazon Wind Farm Fowler Ridge is an approximately 150 MW project located in Benton County, Indiana. The Amazon Wind Farm Fowler Ridge project consists of over 65 Siemens turbines in size of approximately 2.3 MW. The Post Rock is an approximately 200 MW project located in Ellsworth and Lincoln Counties, Kansas. The Post Rock project consists of an approximately 130 GE turbines in size of approximately 1.5 MW. The Lost Creek is an approximately 150 MW project located in King City, Missouri. The Lost Creek project consists of over 100 GE turbines in size of approximately 1.5 MW. K2 is an approximately 270 MW project located in Goderich, Ontario. The K2 project consists of over 140 Siemens turbines in size of approximately 2.3 MW.

Company Address

Pattern Energy Group Inc

1088 Sansome St
SAN FRANCISCO   CA   94111-1308
P: +1415.2834000
F: +1415.3627900

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