Wind Capital Group LLC, the US wind business of Dublin-based renewable energy investor, NTR plc, has agreed to sell 350MW of operating US wind assets to Pattern Energy Group Inc. for a total consideration of US$ 244 million.
The assets consist of Post Rock, located in Kansas, and Lost Creek, located in Missouri, which have been operating for an average of over three years. The sale of these assets is subject to regulatory approval and certain commercial consents. Marathon Capital acted as the exclusive financial advisor to Wind Capital Group and NTR, conducting a controlled sale process to maximize value to the shareholders.
