Pattern Development to Develop Maine Wind Power Project

Wind turbine

Pattern Energy Group LP (Pattern Development) acquired the development rights to a planned 600 MW wind power project in Maine.

Pattern Development acquired the rights to the King Pine Wind power project from SunEdison. The 600-MW project is currently under development and is set to use 174 turbines. It will interconnect to the ISO New England at Emera Maine’s proposed 345 kV Hammond substation.

The King Pine project is set for commercial operation in 2020. Pattern Energy Group Inc. (Nasdaq: PEGI) holds a right of first offer with respect to any power project that Pattern Development decides to sell, including the King Pine project.

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