Pattern Energy to buy 2 Finavera wind projects in Canada

04/29/2013 | Bloomberg Businessweek

Pattern Energy will acquire two wind projects by Canada-based Finavera Wind Energy in British Columbia for $27.8 million. Finavera will use the proceeds of the sale to repay its debt and may "embark on a fiscally prudent review of opportunities in the marketplace within the next two to six months," said Jason Bak, the firm's CEO, in the statement.

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