Pattern Selling Ontario Wind Farm Stake for $165Mn (M&A)

San Francisco-based Pattern Energy Group Inc eports it will sell its 90-MW interest in the 270-MW, K2 wind farm in Ontario for $216 million (Cdn) ($164.8 million US) to a consortium led by Axium Infrastructure. The deal is expected to close before the year end.

The K2 wind power facility, located in the Township of Ashfield-Colborne-Wawanosh, was a joint venture between Pattern Energy, an Axium-led consortium and Capital Power Corporation. (Source; Pattern Energy, Nov., 2018) 

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