Sept. 30 (Bloomberg) — Pattern Energy Group LP, the
closely held developer associated with Pattern Energy Group
Inc., has signed a 20-year power purchase agreement for a wind
farm in Ontario.
The 100-megawatt Belle River project is the fifth Pattern
Energy is building in Ontario with Samsung Electronics Co.’s
renewables unit, the San Francisco-based developer said today in
a statement. Samsung is planning to invest about $5 billion in
clean energy in the province.
The Ontario Power Authority has agreed to buy output from
Belle River, enough to power about 35,000 homes, according to
Pattern today also signed a 22-year power-purchase
agreement for a solar farm in Chile. Minera Los Pelambres, an
affiliate of Antofagasta Plc, will buy about 70 percent of the
power generated by the 104-megawatt Conejo project, which is
being built in the Atacama Desert.
Pattern Energy is the third-largest shareholder in Pattern
Energy Group Inc., according to data compiled by Bloomberg.
Pattern Energy Group Inc. acquires projects from third parties
and from its affiliate, according to its website.
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Justin Doom in New York at
To contact the editors responsible for this story:
Reed Landberg at
Jim Efstathiou Jr., Will Wade