Pattern Energy Group Inc. (NASDAQ and TSX: PEGI) (“Pattern Energy” or the “Company”) is responding to a request from the Investment Industry Regulatory Organization of Canada to comment on recent media reports. Despite Pattern Energy’s policy not to comment on market speculation or rumors, Pattern Energy is confirming that it has drawn interest from third parties and is responding to such inquiries as appropriate. No agreement or arrangement for any transaction has been reached with any such third parties. A transaction may or may not be agreed as a result of any such inquiries or discussions. Pattern Energy has a track record of regularly assessing various types of transactions that may be in the best interests of Pattern Energy and its shareholders, including joint venture arrangements, asset M&A, debt and equity capital transactions, and project debt refinancings.
Pattern Energy does not intend to make any further public announcements regarding any rumors or speculation unless it determines that disclosure is warranted or required, and in accordance with the requirements of applicable law.
Pattern Energy Group I http://www.patternenergy.com