Pattern Energy (PEGI) Misses Q1 EPS Views; Commences $200M 'At-The-Market' Program

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Pattern Energy Announces Commencement of $200,000,000 At-The-Market Program

May 9, 2016 6:49 AM EDT

SAN FRANCISCO, May 9, 2016 /PRNewswire/ -- Pattern Energy Group Inc. (the "Company" or "Pattern Energy") (NASDAQ: PEGI) (TSX: PEG) today announced the commencement of a $200,000,000 At-The-Market ("ATM") program and that it has entered into an Equity Distribution Agreement (the "Agreement") with RBC Capital Markets, LLC, KeyBanc Capital Markets Inc. and Morgan Stanley & Co. LLC (collectively, the "Agents"). Pursuant to the terms of the Agreement, the Company may offer and sell shares of the Company's Class A common stock, par value $0.01 per... More

Pattern Energy Reports First Quarter 2016 Financial Results

May 9, 2016 6:00 AM EDT

- $41.0 million in Q1 2016 CAFD on track for FY 2016 target -

- Declares increased dividend of $0.39 per Class A common share for Q2 2016 -

SAN FRANCISCO, May 9, 2016 /PRNewswire/ -- Pattern Energy Group Inc. (the "Company" or "Pattern Energy") (NASDAQ: PEGI) (TSX: PEG) today announced its financial results for the 2016 first quarter.

Highlights

(Comparisons made between... More