Pattern Energy Starts Construction of Canadian Wind Farm

Mont Sainte-Marguerite Wind project on track to start generating power by year's end

Pattern Energy Group LP has recently announced the completion of CAD $263 million construction-to-term financing for its 147 megawatt (MW) Mont Sainte-Marguerite Wind project, which is now entering full-stage construction. Financing was provided by The Manufacturers Life Insurance Company, Caisse de dépôt et placement du Québec and Bayerische Landesbank, and fully amortizes over the term of the project's 25-year power purchase agreement (PPA) with Hydro-Québec. Mont Sainte-Marguerite Wind is located approximately 50 kilometers south of Québec City, in the Chaudière-Appalaches region. "With the close of construction financing we expect... ... More: Official Press Release Pattern

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Pattern Energy, Canada, wind farm, construction, Quebec