Desjardins Upgrades Pattern Energy Group (PEGI) to Buy

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Pattern Energy Reports First Quarter Results

May 7, 2015 6:00 AM EDT

SAN FRANCISCO, May 7, 2015 /PRNewswire/ -- Pattern Energy Group Inc. (the "Company" or "Pattern Energy") (NASDAQ: PEGI) (TSX: PEG) today announced its financial results for the first quarter of 2015.

Highlights

(Comparisons made between fiscal Q1 2015 and fiscal Q1 2014 results, unless otherwise noted)

Cash available for distribution (CAFD) of $9.3 million, down 48% Adjusted EBITDA of $46.7 million, up 26% Proportional GWh sold of 929 GWh, up 70% Revenue of... More