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Stock Market & Financial Investment News

News Breaks
January 29, 2014
08:32 EDTSI, PEGISiemens wins turbine order, service contract
Siemens (SI) Energy has secured an order for the 182-megawatt Panhandle 2 wind power project located in Carson County, Texas. The project, which will consist of 79 Siemens SWT-2.3-108 wind turbines, is being developed by Pattern Energy Group and Pattern Energy (PEGI) has committed to acquire the project upon completion. Component deliveries will start in March and commissioning of the turbines is scheduled for November. The deal also includes a service and maintenance agreement designed to help ensure the ongoing reliability of the project.
News For SI;PEGI From The Last 14 Days
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July 27, 2015
05:31 EDTPEGINextEra Energy Partners upgraded to Outperform at Wells Fargo
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July 23, 2015
10:00 EDTPEGIOn The Fly: Analyst Upgrade Summary
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08:39 EDTPEGIPattern Energy upgraded to Outperform from Market Perform at Avondale
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06:03 EDTPEGIPattern Energy 5.435M share Secondary priced at $23.00
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July 21, 2015
16:34 EDTPEGIPattern Energy files to sell $225M of convertible senior notes due 2020
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16:30 EDTPEGIPattern Energy sees Q2 cash available for distribution about $26M-$28M
The company estimates that its cash available for distribution for the three months ended June 30 will be in the range of approximately $26M-$28M, although it has not yet completed its quarter-end procedures or finalized its results of operations for the three months ended June 30. In addition, the company estimates that its proportional MWh sold for the three months ended June 30 was approximately 1.2M MWh which, after adjusting for certain reimbursements that the company receives for curtailment or other contractual provisions, is approximately 10% below the company's long-term expectations. These estimates and the estimates of the underlying components thereof, were prepared by, and are the responsibility of, the company's management. While these estimates are presented with numerical specificity and considered reasonable by management, actual results may differ. Investors should not place undue reliance on these estimates, and they should not be regarded as a representation that estimated results will be achieved. Cash available for distribution is a non-U.S. GAAP financial measure.
16:28 EDTPEGIPattern Energy raises quarterly dividend 3% to 36.3c per Class A share
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16:27 EDTPEGIPattern Energy announces proposed acquisition of remaining 170MW of Gulf Wind
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16:24 EDTPEGIPattern Energy files to sell $125M of Class A common stock
The Equity Offering is being made through an underwriting group led by BMO Capital Markets, BofA Merrill Lynch and Citigroup, as joint book-running managers of the offering and the representatives of the underwriters.
08:11 EDTPEGIMorgan Stanley recommends buying NRG Yield, Abengoa Yield and Pattern Energy
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