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Pattern EnergyPier 1, Bay 3, San Francisco, California, United States

Memberships : NA
Industry : Tidal
Basic Member
Since Nov, 2016
About Company

Pattern Energy has a portfolio of 18 wind power facilities, including one it has agreed to acquire, with a total owned interest of 2,644 MW in the United States, Canada and Chile that use proven, best-in-class technology. These facilities generate stable long-term cash flows in attractive markets that have strong growth potential. Each of our facilities has contracted to sell all of its energy output, or a majority, on a long-term, fixed-price power sale agreement. Eighty-nine percent of the electricity to be generated by our facilities will be sold under these power sale agreements, which have a weighted average remaining contract life of approximately 14 years.Our seasoned management team has worked together for 10 years and possesses more than 20 years of experience on average in the energy industry. We have developed, financed and managed more than $12 billion of infrastructure assets, including more than 4,500 MW of wind power projects and facilities. The Pattern Energy team is driven by a creative entrepreneurial spirit which is sustained by years of experience.We intend to create long-term value for our shareholders in an environmentally responsible manner and with respect for the communities in which we operate. Our business is built on three core values of creative energy and spirit, pride of ownership and follow through, and a team first attitude.Pattern Energy’s financial objective is to create long-term value for our shareholders by producing stable and sustainable cash for distribution, grow our portfolio of facilities and our dividend, and maintain a strong balance sheet and flexible capital structure. We intend to grow our business through third-party acquisitions, including from Pattern Energy Group LP, our main shareholder and a leading North American power developer.

Our seasoned management team has worked together for 10 years and possess more than 20 years of experience on average in the energy industry. We have developed, financed and managed more than $12 billion of infrastructure assets, including more than 3,000 MW of wind power facilities. The team combines passion with an entrepreneurial and pragmatic approach which has led to our successful track record.We are dedicated to building strong relationships with our customers, landowners, communities, and employees. Above all, we are committed to the environment, and we demonstrate that commitment through the great efforts we make to minimize the impact of our facilities on local habitat and wildlife.Our values are supported by a strong company culture that promotes critical and creative thinking, collaborative problem-solving, and a deep belief in living up to our promises. Our team of scientists, engineers, financial experts, and construction and operations specialists is critical to our overall success and supports our management team with their expertise and perspective into all aspects of our business.

Company NamePattern Energy
Business CategoryTidal
AddressPier 1, Bay 3
San Francisco
California
United States
ZIP: 94111
PresidentMichael Garland
Year Established2013
Employees200
MembershipsNA
Hours of OperationNA