Wind energy company Pattern blows past IPO price in debut: Reuters
Renewable power producer Pattern Energy Group LP, which has its U.S. headquarters in San Francisco and its Canadian office in Toronto, has raised $352 million after pricing its offering at $22 per share, just above its expected price range of $19-$21. Pattern owns and operates wind power projects, and has an interest in eight projects located in the United States, Canada and Chile. With the backing of U.S. private equity firm Riverstone Holdings, the business was formed in 2009 from the wind development portfolio of Babcock & Brown's North American Energy Group.
30 September 2013•2 mins read
