Deals
Pattern Energy Gets Takeover Interest From Suitors
- Renewable power company says no agreement has been reached
- It owns wind and solar farms in the U.S., Canada and Japan
Photographer: Chris Ratcliffe/Bloomberg
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Pattern Energy Group Inc., a power producer that owns wind and solar farms in the U.S., Canada and Japan, has “drawn interest” from potential takeover suitors, according to a statement Tuesday.
"No agreement or arrangement for any transaction has been reached," the San Francisco-based company said in the statement, confirming an earlier report in Bloomberg News. "Pattern Energy has a track record of regularly assessing various types of transactions that may be in the best interests of Pattern Energy and its shareholders."