Pattern raises availability under corporate revolver to $450 million

By Tali Rackner

Norfolk, Va., Oct. 1 – Pattern Energy Group Inc. increased the available limit under its existing revolving corporate credit facility to $450 million from $350 million, according to an 8-K filing with the Securities and Exchange Commission.

Royal Bank of Canada, New York Branch is the administrative agent.

The facility continues to have a four-year term and be comprised of a revolving loan facility, a letter-of-credit facility and a swingline facility.

The amendment was made effective as of Monday.

No other material changes were made to the facility.

San Francisco-based Pattern Energy is an independent power company.

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