Pattern Energy closed the previously announced acquisition of two operational wind power facilities totaling 351 MW from Wind Capital Group and its affiliates for a final purchase price of $242 million plus assumed net debt of $102 million. The acquisition includes ownership interests in the 201-MW Post Rock Wind facility in Kansas, and the 150-MW Lost Creek Wind facility in Missouri. The Post Rock Wind facility in Kansas has a long-term contract with Westar.
Wind Capital Group
(October 2011) Wind Capital group selects RMT Inc. to design and construct wind energy facility; MEMC Electronic Materials, Inc. and SunEdison acquire Fotowatio Renewable Ventures; Solar Community and Reliant Energy team up to offer financing options; KEMA selects Green Energy Corp.’s software; Leviton unveils commercial electric vehicle charging stations; plus announcements and contracts involving Science Applications International Corp., Tantalus, FirstEnergy Nuclear Operating Co. and others.