Edition:
India

Pattern Energy Group Inc (PEGI.OQ)

PEGI.OQ on NASDAQ Stock Exchange Global Select Market

17.91USD
25 Apr 2018
Change (% chg)

$0.04 (+0.22%)
Prev Close
$17.87
Open
$17.71
Day's High
$17.97
Day's Low
$17.70
Volume
179,583
Avg. Vol
320,506
52-wk High
$26.56
52-wk Low
$16.58

Latest Key Developments (Source: Significant Developments)

Pattern Energy Announces Remediation Of Material Weakness
Friday, 2 Mar 2018 

March 2 (Reuters) - Pattern Energy Group Inc ::PATTERN ENERGY ANNOUNCES REMEDIATION OF MATERIAL WEAKNESS.PATTERN ENERGY SAYS REMEDIATED WEAKNESS ON INTERNAL CONTROL OVER FINANCIAL REPORTING THAT WAS STATED IN Q3 2016 EARNINGS, EFFECTIVE FRIDAY.  Full Article

Pattern Energy Reports Quarterly Loss Per Share $0.08
Thursday, 1 Mar 2018 

March 1 (Reuters) - Pattern Energy Group Inc ::PATTERN ENERGY REPORTS FOURTH QUARTER AND YEAR END 2017 FINANCIAL RESULTS.QUARTERLY LOSS PER SHARE $0.08.QUARTERLY TOTAL REVENUE $110.7 MILLION VERSUS $81.1 MILLION.Q4 EARNINGS PER SHARE VIEW $-0.02, REVENUE VIEW $128.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Pattern Energy To Enter Japan Market With Series Of Transactions
Tuesday, 27 Feb 2018 

Feb 26 (Reuters) - Pattern Energy Group Inc ::PATTERN ENERGY TO ENTER JAPAN MARKET WITH ACQUISITION OF PROJECTS AND A MODEST INVESTMENT IN DEVELOPMENT.PATTERN ENERGY GROUP INC - ‍CASH PURCHASE PRICE FOR 122 MW TSUGARU PROJECT IS APPROXIMATELY $194.0 MILLION​.PATTERN ENERGY GROUP INC - DEALS TO ACQUIRE 206 MEGAWATTS OF OWNED CAPACITY IN PROJECTS FROM PATTERN ENERGY GROUP LP AND GREEN POWER INVESTMENTS​.PATTERN ENERGY GROUP INC - ‍ADDITIONAL INVESTMENT IN PATTERN ENERGY GROUP 2 LP TO FUND ACQUISITION OF A CONTROLLING INTEREST IN GPI​.PATTERN ENERGY - TSUGARU PROJECT DEAL TO BE FINANCED SUCH THAT NO CORPORATE CAPITAL FROM CO IS REQUIRED UNTIL COMMENCEMENT OF COMMERCIAL OPERATIONS​.  Full Article

Pattern Energy says on Nov 21, some units entered amended credit deal providing for revolving credit of $440 mln
Thursday, 23 Nov 2017 

Nov 22 (Reuters) - Pattern Energy Group Inc ::Pattern Energy Group-‍ on Nov 21, some units entered amended credit deal providing for revolving credit of $440 million, down from prior limit of $500 million​.Pattern Energy Group Inc - ‍credit agreement permits borrower to request increases to facility up to greater of $600 million -SEC filing​.  Full Article

Pattern Energy reports Q3 revenue of $92 million
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Pattern Energy Group Inc :Pattern Energy reports third quarter 2017 financial results.Q3 revenue $92 million versus I/B/E/S view $111.6 million.Pattern Energy Group Inc - ‍- increases dividend to $0.422 per Class A common share for Q4 2017​.Pattern Energy Group Inc - ‍is narrowing its targeted annual cash available for distribution for 2017 to a range of $145 million to $160 million​.Pattern Energy Group Inc - qtrly diluted Class A earnings per share ‍​loss $0.34.  Full Article

Pattern Energy starts public offering of its Class A common stock
Thursday, 19 Oct 2017 

Oct 18 (Reuters) - Pattern Energy Group Inc :Pattern Energy announces commencement of public offering of its Class A common stock.Pattern Energy Group Inc - ‍commencement of a primary underwritten public offering of 8 million shares of its Class A common stock​.  Full Article

Pattern Energy provides financial guidance update in light of recent weather events
Friday, 29 Sep 2017 

Sept 29 (Reuters) - Pattern Energy Group Inc :Pattern Energy provides operations and financial guidance update in light of recent weather events.Pattern Energy Group Inc - pattern energy expects production below its long-term average in Q3 of 2017 due to weather conditions.Pattern Energy Group Inc - Pattern Energy is reaffirming its target 2017 cash available for distribution.Pattern Energy Group Inc - co is reaffirming its target 2017 cash available for distribution​.Pattern Energy Group Inc says all pattern energy personnel are safe and no injuries were reported.Pattern Energy Group Inc - no material damage has been found as a result of Hurricanes Harvey, Irma or Maria.Pattern Energy Group Inc - ‍risks to company remain same as reflected in its prior financial guidance for 2017​.Pattern Energy Group Inc - ‍Pattern Energy now expects cafd in a range of $5 to $11 million in Q3 of 2017​.Pattern Energy Group Inc - Gulf Wind Project in Texas had no damage from Hurricane Harvey.  Full Article

Public Sector Pension Investment Board reports 9.9 pct stake in Pattern Energy Group as of June 21 - SEC Filing
Monday, 3 Jul 2017 

July 3 (Reuters) - Pattern Energy Group Inc :Public Sector Pension Investment Board reports 9.9 percent stake in Pattern Energy Group Inc as of June 21 - SEC Filing.Public Sector Pension Investment Board says purchased Pattern Energy Group Inc's Class A shares for investment purposes.  Full Article

Pattern Energy announces opportunities up to $1 billion in capital commitments
Monday, 19 Jun 2017 

June 19 (Reuters) - Pattern Energy Group Inc :Pattern Energy announces key strategic initiatives for major expansion of growth and capital opportunities with pattern development, riverstone and psp investments.Pattern Energy Group - key strategic initiatives for expansion of growth, capital opportunities up to $1 billion in capital commitments.Pattern Energy Group Inc - $1 billion in new capital commitments for pattern development 2.0.  Full Article

Pattern Energy's qtrly earnings per share for class A common stock is $0.06
Tuesday, 9 May 2017 

May 9 (Reuters) - Pattern Energy Group Inc : :Pattern Energy reports first quarter 2017 financial results.Q1 revenue $100.8 million versus I/B/E/S view $114.4 million.Says increases dividend to $0.418 per class a common share for Q2 2017.Pattern Energy Group Inc - re-confirming its targeted annual cash available for distribution for 2017 within a range of $140 million to $165 million.Pattern Energy Group Inc - sold 2,038,159 megawatt hours of electricity on a proportional basis in Q1 of 2017 versus 1,801,034 MWH.Net Income was $2.5 million in Q1 of 2017, compared to a net loss of $29.0 million for same period last year.Qtrly earnings per share for class A common stock $0.06.  Full Article

BRIEF-Pattern Completes Financing Of Stillwater Wind Project In Montana

* PATTERN DEVELOPMENT COMPLETES FINANCING OF STILLWATER WIND PROJECT IN MONTANA Source text for Eikon: Further company coverage: