Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Citigroup and GE Finance Pattern Energy Texas Wind Farm

Aug. 20 (Bloomberg) -- Pattern Energy Group LP, a closely held renewable energy company backed by private-equity investor Riverstone Holdings LLC, began construction on a 218-megawatt wind farm in Texas with financing from General Electric Co. and Citigroup Inc.

The Panhandle Wind Project, about 30 miles (48 kilometers) east of Amarillo, will use 118 GE turbines and is expected to be complete in August 2014, San Francisco-based Pattern said today in a statement. Terms weren’t disclosed.

A Citigroup unit, Citigroup Energy, will buy the power under a long-term agreement.

To contact the reporter on this story: Christopher Martin in New York at cmartin11@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.