Pattern Energy Group Inc.

Pattern Energy Group Inc. in the sale of its interest in the K2 Wind Project to a consortium of investors led by Axium Infrastructure


Pattern Energy Group Inc.


$216 million


Mergers and Acquisitions

Date Closed

January 2019

Lead Office


On January 9, 2019, Pattern Energy Group Inc. (“Pattern”), completed its sale of the company's minority-owned interest in the K2 Wind power facility in Ontario for a purchase price of $216 million to a consortium of investors led by Axium Infrastructure. Pattern intends to use the net proceeds from the sale for general corporate purposes, which may include: funding investments, acquisitions or the repayment of indebtedness.

Pattern Energy Group Inc., based out of San Francisco, California, is an independent power company, focuses on the construction, ownership, and operation of various power projects including in the United States, Canada, and Chile.

Axium Infrastructure Inc. is a private equity firm, based out of Montréal, Canada, specializing in middle market investments, acquisitions and development of assets.

Osler, Hoskin & Harcourt LLP represented Pattern with a team consisting of Richard Wong (Commercial), John Groenewegen (Corporate), Greg Wylie (Tax), Shuli Rodal (Competition/Antitrust) and Marissa Kirsh (Construction).