April 17, 2025

Pattern Energy Group secures U.S. approval to sell 24% stake held by Riverstone Holdings to international institutional investors

Pattern Energy says it will leverage this new investment to advance its market-leading development pipeline of over 25 GW of renewable energy and transmission projects.

Project Green Light: Subsidiaries of Dutch pension fund Stichting Pensioenfonds ABP (ABP) and Australian Retirement Trust (ART) won approval to acquire approximately 10% of the membership interests in Pattern Energy Group LLC and for each to purchase nearly 12% of Pattern Energy Group LP's limited partnership units, from Riverstone Holdings LLC, according to an April 15 order. Buyers will gain ...

Details:

Filing Date: April 15, 2025

Docket Numbers:

EC25-40

Short Summary:

Subsidiaries of Dutch pension fund Stichting Pensioenfonds ABP (ABP) and Australian Retirement Trust (ART) won approval to acquire approximately 10% of the membership interests in Pattern Energy Group LLC and for each to purchase nearly 12% of Pattern Energy Group LP’s limited partnership units, from Riverstone Holdings LLC, according to an April 15 order.

Impact Level:

Categories:

Dealmaking & Transactions

Tags: Acquisitions & Dispositions, Battery Storage, Board Appointment, Solar, Transmission, Wind

Entities: Australian Retirement Trust, Pattern Energy Group LP, Riverstone Holdings LLC, Stichting Pensioenfonds ABP

Markets:

Regions:

States:

Regulators: FERC

Courts:

Documents:

Acquisition & Disposition – Application – Order Approving