Pattern Energy will acquire an 84% initial cash flow interest in Broadview and a 99% ownership interest in the transmission line.
Institutional equity investors, which it did not name, agreed to acquire a 16% initial cash flow interest in Broadview and a 99% initial taxable income allocation from the project.
The deals will close at start of commercial operation. Pattern Development has closed financing and is beginning construction on Broadview, which is located 30 miles north of Clovis.
Project
