Pattern Energy (PEGI) Declares $0.363 Quarterly Dividend; 5.6% Yield

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Pattern Energy (PEGI) Prices 5.44M Common Stock Offering at $23/Share

July 23, 2015 6:38 AM EDT

Pattern Energy (NASDAQ: PEGI) announced the pricing of an underwritten public offering of approximately $125 million, or 5,435,000 shares, of its Class A common stock, par value $0.01 per share, at a public offering price of $23.00 per share (the "Equity Offering"). The Company has granted the... More

Pattern Energy (PEGI) Plans $125M Common Stock Offering; Previews Q2 Results

July 21, 2015 4:22 PM EDT

Pattern Energy (NASDAQ: PEGI) announced that it intends to offer, subject to market and other considerations, up to $125 million of shares of its Class A common stock in an underwritten public offering (the "Equity Offering"). The Company expects to grant the underwriters of the Equity Offering a 30-day option to purchase up to an additional 15% of the entire offering amount solely to cover over-allotments, if any.

The Company intends to use the net proceeds from the Equity Offering, together with the net proceeds from a concurrent private offering of $225 million aggregate principal... More