Pattern Development acquires two development assets in New Mexico

23 May 2018 (Last Updated July 27th, 2018 14:46)

US-based renewable energy company Pattern Energy Group has acquired two development assets from Clean Line Energy Partners; the Western Spirit Transmission Line and the Mesa Canyons Wind Farm in New Mexico.

US-based renewable energy company Pattern Energy Group has acquired two development assets from Clean Line Energy Partners; the Western Spirit Transmission Line and the Mesa Canyons Wind Farm in New Mexico.

Financial details of the acquisition have not been divulged by the companies.

Mesa Canyons and Western Spirit are currently in advanced stages of development and are expected to begin construction next year, with operations set to commence by 2020.

Upon completion, Mesa Canyons will be directly integrated into Western Spirit, delivering power to the New Mexico grid at the existing Rio Puerco substation owned by Public Service Company of New Mexico.

With the addition of Mesa Canyons, Pattern Development’s wind development footprint in the Estancia Valley of New Mexico will be more than 3,000MW.

“Across the country, we are seeing clear proof of how building new efficient transmission infrastructure provides substantial benefits for consumers.”

Pattern Development CEO Mike Garland said: “As the leading wind developer and operator in New Mexico, Pattern Development is uniquely positioned to bring the Western Spirit Transmission Line and the Mesa Canyons Wind Farm to fruition.

“New Mexico is home to one of the strongest wind resources in the country and Pattern Development is committed to developing and constructing these new projects as excellent additions to our portfolio, expanding our investment in this enchanting state.”

The two projects are expected to create new construction jobs in rural New Mexico.

Clean Line Energy Partners president Michael Skelly said: “Across the country, we are seeing clear proof of how building new efficient transmission infrastructure provides substantial benefits for consumers, through the delivery of clean renewable energy at rock bottom prices, job creation, and economic development.

“We have worked to bring the Western Spirit Transmission Line and the Mesa Canyons Wind Farm to advanced stages of development in New Mexico, and are very pleased that Pattern Development will now take both projects over the finish line.”