Pattern Energy Group Inc.

10:32 AM EST - Pattern Energy Group Inc. : Announced agreements to acquire ownership interests in two operating wind power facilities, the Henvey Inlet Wind facility in Ontario and the Grady Wind facility in New Mexico. The Company has also entered into an agreement for a $260-million private placement of perpetual preferred stock with certain institutional investors and intends to use a portion of the net proceeds to finance the two acquisitions. Pattern Energy Group Inc. shares T.PEGI are trading down $0.10 at $35.47.