{"id":4522,"date":"2015-08-04T00:49:11","date_gmt":"2015-08-04T00:49:11","guid":{"rendered":"https:\/\/cleanenergyworld.net\/index.php\/2015\/08\/04\/pattern-energy-completes-acquisition-of-238-mw-texas-wind-farm\/"},"modified":"2015-08-04T00:49:11","modified_gmt":"2015-08-04T00:49:11","slug":"pattern-energy-completes-acquisition-of-238-mw-texas-wind-farm","status":"publish","type":"post","link":"https:\/\/cleanenergyworld.net\/index.php\/2015\/08\/04\/pattern-energy-completes-acquisition-of-238-mw-texas-wind-farm\/","title":{"rendered":"Pattern Energy Completes Acquisition of 238-MW Texas Wind Farm"},"content":{"rendered":"<p>Pattern Energy Group Inc. has completed the acquisition of the remaining 170-megawatt ownership interests in the 283-MW Gulf Wind power facility in Kenedy County, Texas from Pattern Energy Group LP and MetLife Capital LP.<\/p>\n<p>\u201cWe now own 100% of Gulf Wind, which is located in a unique site on the Gulf Coast where the winds blow strongest at the times of Texas\u2019 peak demand and pricing,\u201d said Mike Garland, President and CEO of Pattern Energy. \u201cThe acquisition of the Gulf Wind equity interests and recapitalization of the project debt provides us with increased cash flow and complete control of the facility. The acquisition of the Gulf Wind interests, along with our recently announced dividend increase, demonstrate our commitment to increasing value for our shareholders.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pattern Energy Group Inc. has completed the acquisition of the remaining 170-megawatt ownership interests in the 283-MW Gulf Wind power facility in Kenedy County, Texas from Pattern Energy Group LP and MetLife Capital LP.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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