- Pattern Energy (NASDAQ:PEGI +1.2%) agrees to acquire the development rights to the proposed 600 MW King Pine Wind power project currently under development in Maine from SunEdison (SUNE +1.7%) for an undisclosed sum.
- PEGI says the project will utilize 174 turbines and will interconnect to the ISO New England at Emera Maine's proposed 345 kV Hammond substation.
- King Pine Wind is expected to begin full construction in 2018 and reach commercial operation in 2020.