Pattern and Samsung Acquire Wind Energy Projects

Pattern Energy Group LP (Pattern) and Samsung Renewable Energy (Samsung) announced that they have jointly acquired land from the Fargo Wind Power Project from Suncor Energy and a nearby wind farm development project from Northland Power. The two development wind farm projects will be included in the larger South Kent Wind Farm, a 270 megawatt (MW) wind energy project located in the Regional Municipality of Chatham-Kent, which Pattern and Samsung are developing this year.

"Pattern and Samsung will be able to accelerate the development of these wind turbines projects by combining them with our nearby South Kent Wind Farm and its transmission connection," said Mike Garland, CEO of Pattern. "We look forward to working with the landowners and the community to develop premier wind farms that will create community benefits including jobs, tax revenue, landowner income and community improvements, and also establish a strong local source of clean, reliable energy."

"Together with Pattern, we are making major progress on our goal to bring new sources of wind energy to Ontario," said Cheol-Woo Lee, Senior Executive Vice President of Samsung. "In addition to closing on these projects we are closing on thousands of acres in southwestern Ontario and the Bruce region for the development of more than 500 MW of wind power, which will use Ontario-made wind turbine components and towers from new Ontario factories in Tillsonburg (blades) and in Windsor (towers)."