Pattern Energy Group Inc. recently announced it has published a white paper (the “White Paper”) on its website outlining the business model, investment thesis and phases of development. “We believe that development undertaken with a disciplined, experienced approach offers one of the more attractive risk-reward profiles in the renewable energy value chain,” said Mike Garland, CEO of Pattern Energy. “This White Paper describes: 1) the potential benefits of investing in development activities, 2) the activities involved in the various phases of wind development, along with real examples to help the reader better understand the business, and 3) the methods to more effectively manage capital and project risk. Development is a very exciting area of our industry that is continuing to grow; globally, there are more investments being made in new renewable energy projects than in fossil fuels.”
Any investment by Pattern Energy in Pattern Energy Group 2 LP (“Pattern Development 2.0”) would be subject to approval by Pattern Energy’s Conflicts Committee and Board of Directors. The White Paper is available on the Events & Presentation page in the Investors section of Pattern Energy’s website at www.patternenergy.com.