Pattern Energy Group Inc. and Public Sector Pension Investment Board closed the purchase of indirect upstream membership interests in the 221-MW Grady Wind Energy Center in Curry County, N.M., from Pattern Energy Group 2 LP, or Pattern Development.
Public Sector Pension Investment Board subsidiary Vertuous Energy LLC acquired a 49% membership interest in the facility, while Pattern Energy acquired the remaining 51% interest.
The wind farm started operations in September and sells its output to Sacramento Municipal Utility District under a 25-year power contract.
FERC approved the transaction Aug. 8. (FERC docket EC19-98)