Nov. 5 (Bloomberg) — Pattern Energy Group LP, the closely
held developer associated with Pattern Energy Group Inc., has
formed a joint venture with Henvey Inlet First Nation to develop
a 300-megawatt wind farm in Ontario.
Pattern will own half of the project in Parry Sound
District, according to a statement today from the San Francisco-based company. Henvey Inlet First Nation’s Nigig Power Corp.
will own the remaining 50 percent.
Construction and long-term debt financing is expected to be
arranged in 2016, according to the statement.
The Ontario Power Authority has agreed to buy electricity
from the wind farm under a 20-year contract.
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Reed Landberg at
Robin Saponar, Will Wade