Pattern Development Acquires the Development Rights to the 600 MW King Pine Wind Power Project in Maine

Resource from: Pattern Development Likes:263

Jul 11,2016

Pattern Energy Group LP (“Pattern Development”) announced it has acquired from SunEdison the development rights to the proposed 600 megawatt (MW) King Pine Wind power project. “We are excited about the opportunity to expand our previous activities in Maine by taking over development of the state’s largest wind power project,” said Mike Garland, President and CEO of Pattern Development. “Maine is an extraordinary place and we have been working for years to find a great project that can be developed in a manner that is respectful of the local community and the environment. The King Pine project would establish a strong new source of revenue for the local community and the state, create new jobs and provide clean energy.” King Pine Wind is a 600 MW wind power project currently under development in northeastern Maine, located in Aroostook and Penobscot Counties. The project will utilize 174 turbines and will interconnect to the ISO New England at Emera Maine’s proposed 345 kV Hammond substation. King Pine Wind is expected to begin full construction in 2018 and reach commercial operation in 2020. Pattern Energy Group Inc. (NASDAQ: PEGI) (TSX: PEG) holds a right of first offer with respect to any power project that Pattern Development decides to sell, including the King Pine Wind project.

(Pattern Development)

【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.

Add to My Favorites

[Close the window]

Previous Schaeffler bearings keep lock gates and valves moving on the Panama Canal
Next Automatic lubrication systems that stand up to corrosive and caustic environments

BRIEF INTRODUCTION

Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.

Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.

China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.