Pattern Energy confirms takeover interest

Pattern Energy responds to a Bloomberg report that claimed Toronto-based Brookfield Asset Mangement is interested in merging Pattern with its majority-owned renewable arm, TerraForm Power.

Brookfield proposes takeover of SunEdison yieldcos

Canada’s Brookfield Asset Management has proposed a takeover of TerraForm Power and TerraForm Global – either by buying out 100% of the company for cash, or purchasing its existing Class A and Class B shares and replacing SunEdison as sponsor.