Finavera Wind Energy finalizes terms for sale of two wind projects to Pattern Energy for $28 Million

Finavera Wind Energy Inc. (‘Finavera Wind Energy’, ‘Finavera’ or the ‘Company’) (TSX-V: FVR) is pleased to announce the completion of a Purchase and Sale Agreement with Pattern Renewable Holdings Canada ULC, a subsidiary of Pattern Energy Group LP (‘Pattern’) following discussions with BC Hydro and various government agencies.

Pattern Energy is a large, independent power company operating 1,155MW of wind energy projects in Canada, the United States and Chile.