SAN FRANCISCO, Dec. 8, 2016 /PRNewswire/ -- Pattern Energy
Group Inc. (NASDAQ: PEGI) (TSX: PEG) ("Pattern Energy") today
announced its 150 MW Amazon Wind Farm Fowler Ridge in Benton County, Indiana received a Top Plant
Award in the renewables category from POWER magazine. All of the
electricity generated by Amazon Wind Farm Fowler Ridge supplies the
electric grids that service Amazon Web Services (AWS)
datacenters.
"We are honored to receive this prestigious recognition for our
Amazon Wind Farm, which was the first investment in a wind farm by
Amazon Web Services," said Mike
Garland, CEO of Pattern Energy. "We are now working with
Amazon, Google and Walmart, demonstrating that America's leading
corporations are increasingly investing in, or buying power from,
clean energy sources like wind power. We see this growing trend
driving the development of more new wind projects."
"The trend of large corporations becoming key renewable energy
project partners is a significant new disruptive element in the
power industry," said POWER's editor, Gail
Reitenbach, "and this award recognizes that shift. Amazon
Wind Farm is unique among our award winners, as it is the only one
with this sort of business plan."
The Amazon Wind Farm Fowler Ridge began operations in January of
this year. The 150 MW facility creates enough clean energy to power
approximately 46,000 homes each year, according to average annual
residential energy use data from the U.S. Energy Information
Administration. The facility consists of 65 Siemens 2.3 MW wind
turbines with 'Made in America' components. The turbine blades,
nacelles, towers, and transformers were manufactured in
the United States.
An average of 175 workers were on site during construction with
up to 300 workers on site during peak construction activity. There
are ten full-time permanent workers that operate and maintain the
facility. The Amazon Wind Farm Fowler Ridge is expected to add an
estimated $45 million to the regional
economy over 25 years through property taxes, landowner royalties,
and support for local causes.
About Pattern Energy
Pattern Energy Group Inc. is an independent power company listed
on The NASDAQ Global Select Market and Toronto Stock Exchange.
Pattern Energy has a portfolio of 18 wind power facilities,
including one it has agreed to acquire, with a total owned interest
of 2,644 MW in the United States,
Canada and Chile that use proven, best-in-class
technology. Pattern Energy's wind power facilities generate stable
long-term cash flows in attractive markets and provide a solid
foundation for the continued growth of the business. For more
information, visit www.patternenergy.com.
Cautionary Statement Regarding Forward-Looking
Statements
Certain statements contained in this press release constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and "forward-looking
information" within the meaning of Canadian securities laws,
including statements regarding the ability of corporations buying
power from clean energy to drive the development of more new
projects, the number of homes the Amazon Wind Farm Fowler Ridge
facility creates enough clean energy to power each year, and the
estimated amount such facility is expected to add to the regional
economy over 25 years. These forward-looking statements represent
Pattern Energy's expectations or beliefs concerning future events,
and it is possible that the results described in this press release
will not be achieved. These forward-looking statements are subject
to risks, uncertainties and other factors, many of which are
outside of Pattern Energy's control, which could cause actual
results to differ materially from the results discussed in the
forward-looking statements.
Any forward-looking statement speaks only as of the date on
which it is made, and, except as required by law, Pattern Energy
does not undertake any obligation to update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise. New factors emerge from time to time,
and it is not possible for Pattern Energy to predict all such
factors. When considering these forward-looking statements, you
should keep in mind the risk factors and other cautionary
statements in Pattern Energy's annual report on Form 10-K and any
quarterly reports on Form 10-Q. The risk factors and other factors
noted therein could cause actual events or Pattern Energy's actual
results to differ materially from those contained in any
forward-looking statement.
Contacts:
|
|
|
Media
Relations
Matt
Dallas
917-363-1333
matt.dallas@patternenergy.com
|
Investor
Relations
Sarah
Webster
415-283-4076
sarah.webster@patternenergy.com
|
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SOURCE Pattern Energy Group Inc.