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Pattern Energy Group (NASDAQ: PEGI) Takeover

Pattern Energy Group (PEGI) Merger – Acquisition Details

Canada Pension Plan Investment Board and Pattern Energy Group (PEGI) merger information including expected completion date and offer price are displayed in the deal information table below.

This deal was successfully consummated on March 16, 2020

Pattern Energy Group (PEGI) Merger Details
Merger DetailsValue
Acquisition Target Stock NamePattern Energy Group
Acquisition Target Stock TickerPEGI
Acquirer Stock NameCanada Pension Plan Investment Board
Announcement DateNovember 4, 2019
Expected Completion DateJune 30, 2020
Offer Price$26.75
Payment MethodAll Cash Deal
Actual Completion DateMarch 16, 2020

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Pattern Energy Group (NASDAQ: PEGI) Merger - Acquisition News and Events

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Pattern Energy Group Company Profile

Pattern Energy Group Inc. operates as an integrated renewable energy company. The company operates in two segments, Operating Business and Development Business. The Operating Business segment holds interest in 24 renewable energy projects with an operating capacity that totals approximately 4 gigawatts located in the United States, Canada, and Japan.

The Development Business segment develops and sells renewable energy projects focusing on wind, solar, storage, and transmission primarily in the United States, Canada, Japan,and Mexico. Pattern Energy Group Inc. sells electricity and renewable energy credits primarily to local utilities and local liquid independent system organizations markets. The company was founded in 2012 and is headquartered in San Francisco, California.