Wind developer Pattern Energy raises $400M (San Francisco)

Wind power developer Pattern Energy has raised $400 million in equity financing to fund wind and other renewable energy projects.

Private Equity firm Riverstone Holdings bought the San Francisco-based wind development subsidiary from Babcock & Brown in 2009. It invested $400 million in the company and it, along with some employees, just invested $400 million more.

Pattern develops, constructs, owns and operates renewable energy and transmission assets in North and Latin America.

Read the full post in the San Francisco Business Times.

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.