Image - Pattern Energy Completes Acquisition of 51% of 179 MW Meikle Wind Power Facility

Pattern Energy Completes Acquisition of 51% of 179 MW Meikle Wind Power Facility

Pattern Energy Group Inc. (Nasdaq & TSX: PEGI) ("Pattern Energy" or the "Company"), today announced it has completed the acquisition of a 51% interest in the 179 MW Meikle Wind facility from Pattern Energy Group LP ("Pattern Development 1.0") for $68 million1, which represents a 10x multiple of the five-year average cash available for distribution2 ("CAFD"). The Public Sector Pension Investment Board("PSP Investments") acquired the remaining 49%....

Wind - Aug 14, 2017


Image - Siemens builds eHighway in Germany

Siemens builds eHighway in Germany

Siemens has been commissioned by the German state of Hesse to build an overhead contact line for electrified freight transport on a ten-kilometer stretch of autobahn. The line will supply electricity for the electric drive of a hybrid truck. Siemens originally presented its innovative "eHighway" concept in 2012. The system will be installed on the A5 federal autobahn between the Zeppelinheim/Cargo City Sud interchange at the Frankfurt Airport and...

Smart Grids - Aug 11, 2017


Image - Power Grid Resilience Summit

Power Grid Resilience Summit

On a Mission to Create a Resilient Power System JUST IN: The virus called Industroyer "Crash Override" targets computers that control electrical substation and circuit breakers. Our program is designed to empower utility leaders to develop solutions to urgent cyber and physical resiliency matters. U.S. President Trump signed an executive order to protect the nation from cyber threats, working with state and local governments to a...

Smart Grids - Storage, Utilities - Aug 10, 2017




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