Pattern sells wind power from 147 MW wind farm in Quebec | REVE News of the wind sector in Spain and in the world

Pattern Energy Group Inc., today announced the addition of the 147 megawatt (MW) Mont Sainte-Marguerite Wind project to its list of identified Right of First Offer (ROFO) projects from Pattern Energy Group LP (“Pattern Development”).

Highlights

25-year power purchase agreement (PPA) with Hydro-Québec
Pattern Development’s first wind project in Québec
Increases identified ROFO list to nine projects with 977 MW of total owned capacity
Over one gigawatt (1 GW) of Canadian assets now operating or on the list of identified ROFO projects

“This addition pushes us past the 1,000 MW mark for projects in Canada that are either operating or have been added to our ROFO list – and all of which have been secured with long-term PPAs,” said Mike Garland, President and CEO of Pattern Energy. “With a recent growth surge, Pattern Development has significantly expanded the number of new projects that will fuel Pattern Energy’s near-term and long-term growth. We look forward to announcing more ROFO additions in the near future.”

The Mont Sainte-Marguerite Wind project, which is located approximately 50 kilometers south of Québec City in the Chaudière-Appalaches region, has entered into a 25-year power purchase agreement (PPA) with Hydro-Québec. Pattern Development expects to begin construction of the project in the third quarter of 2016 and anticipates reaching commercial operation in December 2017.

Pattern Development currently owns 100% of the 147 MW project and it is anticipated that Pattern Energy will acquire the full owned interest in the project. The addition of the Mont Sainte-Marguerite Wind project increases Pattern Energy’s ROFO list to nine projects with a total owned capacity of 977 MW.

The list of identified ROFO projects represents a portion of Pattern Development’s 3,500 MW pipeline of development projects, all of which are subject to Pattern Energy’s right of first offer. The table below sets forth the current list of identified ROFO projects:

Asset	Location	Owned MW	Status
Gulf Wind	Texas	76	Operational
K2	Ontario	90	In construction
Armow	Ontario	90	In construction
Meikle	British Columbia	185	Ready for financing
Conejo	Chile	73	Ready for financing
Belle River	Ontario	50	Securing final permits
Henvey Inlet	Ontario	150	Signed PPA; late stage development
Amazon Wind Farm (Fowler Ridge)	Indiana	116	Ready for financing
Mont Sainte-Marguerite	Québec	147	Signed PPA; late stage development
Total		977

Pattern Energy Group Inc. (Pattern Energy) is an independent power company listed on the NASDAQ (“PEGI”) and Toronto Stock Exchange (“PEG”). Pattern Energy has a portfolio of 12 wind power projects, with a total owned interest of 1,636 MW, in the United States, Canada and Chile that use proven, best-in-class technology. Pattern Energy’s wind power projects generate stable long-term cash flows in attractive markets and provide a solid foundation for the continued growth of the business.