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
| Merger Details | Value |
|---|---|
| Acquisition Target Stock Name | Pattern Energy Group |
| Acquisition Target Stock Ticker | PEGI |
| Acquirer Stock Name | Canada Pension Plan Investment Board |
| Announcement Date | November 4, 2019 |
| Expected Completion Date | June 30, 2020 |
| Offer Price | $26.75 |
| Payment Method | All Cash Deal |
| Actual Completion Date | March 16, 2020 |
The major Pattern Energy Group (PEGI) merger news updates & events are listed below. An invaluable data source for traders & investors looking to familiarize themselves with the Canada Pension Plan Investment Board takeover of Pattern Energy Group (PEGI) and trade the merger arbitrage spread. Following the acquisition news and events section, there is in-depth company profile. For more proprietary Merger Arbitrage Limited content and analysis on the Pattern Energy Group (PEGI) buyout, follow this link Pattern Energy Group (PEGI). Change the ticker symbol as required to access news and acquisition details of additional merger stocks. The current merger arbitrage spread is available on our Spread Tracker page.
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Pattern Energy Group (NASDAQ: PEGI) Merger - Acquisition News and Events
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.
