Pattern Energy Group prices IPO at $22, above the range
Pattern Energy Group, which owns and operates eight wind power projects in the US, Canada and Chile, raised $352 million by offering 16 million shares at $22, above the range of $19 to $21. Pattern Energy Group plans to dual-list on the NASDAQ, under the symbol PEGI, and the Toronto Stock Exchange, under the symbol PEG. BMO Capital Markets, RBC Capital Markets and Morgan Stanley were the joint book-running managers on the deal.
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