- Pattern Energy (NASDAQ:PEGI) -3.1% AH after announcing a public offering of 10M common shares on a bought deal basis at US$23.90 each for ~$239M in total gross proceeds, plus an underwriters option to purchase up to an additional 1.5M shares.
- PEGI says it plans to use the proceeds to fund potential acquisition opportunities, repayment of its revolving credit facility and for general corporate purposes.