Pattern Energy Group Inc

Overview

Pattern Energy Group Inc: Leading the Way in Renewable Energy

Pattern Energy Group Inc is a dynamic and forward-thinking company that is revolutionizing the renewable energy industry. As a leading independent power company, Pattern Energy owns and operates 16 wind power facilities across the United States, Canada, and Chile. With a total owned capacity of 2,282 MW, these facilities utilize proven, best-in-class technology to generate stable long-term cash flows in attractive markets with strong growth potential.

One of the key factors that sets Pattern Energy apart is its commitment to long-term power sale agreements. Each of their facilities has contracted to sell all or a majority of its energy output on a long-term, fixed-price basis with creditworthy counterparties. This ensures a steady revenue stream and minimizes the risks associated with fluctuating energy prices. In fact, 89% of the electricity generated by Pattern Energy's facilities will be sold under these power sale agreements, which have an impressive weighted average remaining contract life of approximately 15 years.

Pattern Energy's success is also attributed to its seasoned management team, which boasts an average of over 20 years of experience in the energy industry. This team has worked together for a decade, developing, financing, and managing more than $12 billion of infrastructure assets, including over 4,500 MW of wind power projects and facilities. Their expertise and entrepreneurial spirit drive the company's innovative approach to renewable energy.

One of the most exciting aspects of working at Pattern Energy is the company's commitment to creating long-term value for its shareholders in an environmentally responsible manner. The company's core values revolve around creating a safe, high-integrity, and exciting work environment. This commitment extends beyond the office walls and into the communities in which Pattern Energy operates. By proactively working with stakeholders, the company ensures that its operations have a positive impact on the local economy and environment.

Pattern Energy's financial objective is to produce stable and sustainable cash for distribution, grow its portfolio of facilities and dividends, and maintain a strong balance sheet and flexible capital structure. The company aims to achieve this through third-party acquisitions, including from its main shareholder, Pattern Energy Group LP, a leading North American power developer.

For employees, working at Pattern Energy offers a unique opportunity to be at the forefront of the renewable energy revolution. The company's commitment to creating a safe and exciting work environment fosters a culture of innovation and collaboration. Employees are encouraged to think outside the box and contribute their ideas to help shape the future of renewable energy.

Pattern Energy also recognizes the importance of work-life balance and offers competitive compensation packages, including comprehensive benefits and opportunities for professional growth. Employees have the chance to work alongside industry experts and gain invaluable experience in the renewable energy sector.

In conclusion, Pattern Energy Group Inc is a trailblazer in the renewable energy industry, with a strong focus on creating long-term value for shareholders while maintaining a commitment to environmental responsibility and community engagement. With its impressive portfolio of wind power facilities and a seasoned management team, Pattern Energy offers employees an exciting and fulfilling career in the ever-growing field of renewable energy.