Pattern Energy adds 526MW of Japanese and New Mexican projects to ROFO list
Pattern Energy has announced that it is adding 526MW of capacity to its 'right of first offer' (ROFO) assets, including 128MW in Japan and 398MW in New Mexico.
Pattern Energy passes 2GW 'milestone' with US acquisition
US yieldco Pattern Energy has agreed to acquire another wind project from its parent company, giving it a portfolio of more than 2GW.
US yieldcos behind 3.8GW of acquisitions in 2014
US yieldcos snapped up 3.8GW of operational renewable energy capacity in 2014 – an increase of almost 50% year-on-year – according to a report by law firm Orrick.
Pattern Energy raises forecast following acquisitions
US yieldco Pattern Energy has raised its predicted growth target for cash available for distribution (CAFD) by up to three percentage points after acquiring stakes in three wind assets.
Latest renewables yieldco falls flat in first week of trading
A solar and wind yieldco spun out of Spanish infrastructure and energy firm Actividades de Construcción y Servicios Group (ACS) has seen a disappointing start to its life as a listed company.
Pattern to raise $350m as it eyes 1GW acquisition in Japan
Yieldco Pattern Energy is raising $350 million in equity, which will partly help it fund future acquisitions.
Improving the yieldco
Yieldcos have the potential to be a game-changer for renewables by helping to reduce the cost of low-carbon electricity by 20%, argues Morgan Herve-Mignucci
Pattern raises C$820 million debt for wind farm
California-based energy company Pattern Energy is reported to have raised C$820 million ($728 million) of debt to finance a wind farm.
Texas wind stake takes Google's renewables portfolio above 2GW
Internet giant Google has added to its fast-growing portfolio of renewable energy assets with a $75 million investment in the Panhandle 2 wind farm near Amarillo in Texas. This takes the company's total renewables generation capacity above 2GW.
A licence to list?
There has been a welcome increase in the number of renewables firms launching IPOs in 2013. But is this promising spate of activity a sign that investor confidence in the sector is finally growing, or will it prove a false dawn, asks Peter Cripps