Mont Sainte-Marguerite Wind Farm Sold to Pattern Energy and PSP Investments

Pattern Energy Group Inc. and the Public Sector Pension Investment Board today announced the acquisition of the 147 megawatt Mont Sainte-Marguerite Wind power facility from Pattern Energy Group LP

Mont Sainte-Marguerite Wind is located approximately 50 kilometers south of Québec City, in the Chaudière-Appalaches region. Mont Sainte-Marguerite Wind is fully operational and has been jointly acquired pursuant to a prior-agreed purchase-and-sale agreement. Pattern Energy acquired a 51% interest in Mont Sainte-Marguerite for a total investment of approximately US$40 million, which represents a CAFD multiple of 10x of the five-year average CAFD1, and was funded using available liquidity.  PSP Investments acquired a 49% interest in Mont Sainte-Marguerite.... ... More: Official Press Release PSP Investments

Keywords:

Pattern Energy, PSP Investments, Mont Sainte-Marguerite Wind Farm, Québec, Canada