Pattern Energy Group Inc. announced that it has expanded commitments under its corporate credit facility agreement to US$350 million from US$145 million. The credit facilities are used for general corporate purposes, including financing future asset acquisitions.  
 
“Increasing the capacity of our credit facilities provides us with additional liquidity as we continue to grow our portfolio of operating assets,” said Mike Garland, President and CEO of Pattern Energy. “This increased liquidity reflects our increasing growth. In our first year since the IPO, we grew our assets by 41 percent in net owned capacity – over 431 MW – and have identified 874 MW of ROFO projects that we expect to be acquiring in the next 12 to 18 months, more than doubling our last year’s growth.”
 
As of September 30, 2014, the Company had US$97.4 million available under its US$145 million revolving credit agreements.
 
Pattern Energy Group Inc.
www.patternenergy.com