trending Market Intelligence /marketintelligence/en/news-insights/trending/s_rIoa-CZ8ZZj2PFZCMIlA2 content esgSubNav
In This List

Pattern Energy gets FERC approval to sell interest in 221-MW wind farm

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


Pattern Energy gets FERC approval to sell interest in 221-MW wind farm

Public Sector Pension Investment Board and Pattern Energy Group Inc. received approval from the Federal Energy Regulatory Commission to acquire indirect upstream membership interests in the 221-MW Grady Wind Energy Center from Pattern Energy Group 2 LP, or Pattern Development.

Public Sector Pension Investment Board subsidiary Vertuous Energy LLC will acquire a 49% membership interest in the facility, while Pattern Energy will acquire the remaining 51% interest.

The Grady wind farm is under construction in Curry County, N.M., and will sell its output to the Sacramento Municipal Utility District under a 25-year power purchase agreement once it starts operations.

FERC approved the transaction Aug. 8. (FERC docket EC19-98)