Public

Pattern Energy Group (PEGI) agreed to settle $100M with investors to end claims around the NASDAQ delisting episode.

Pattern Energy Group Inc.

Disbursement

Misleading Statements

Financial Misrepresentation

Failure to Disclose

Breach of Fiduciary duty

Omissions

Directors

Management

Pattern Energy Group (PEGI) $100M Shareholder Settlement

pattern-energy-shareholder-settlement

Stocks

Long

Pattern Energy Group Inc. operates as an integrated renewable energy company. It operates in two segments, Operating Business and Development Business. The company holds interest in 28 renewable energy projects with an operating capacity of 4.4 gigawatts located in the United States, Canada, and Japan. It also develops and sells renewable energy projects focusing on wind, solar, storage, and transmission primarily in the United States, Canada, Japan, and Mexico. Pattern Energy Group Inc. sells electricity and renewable energy credits primarily to local utilities and local liquid independent system organizations markets. The company was founded in 2012 and is headquartered in San Francisco, California.