Real Assets
The investment will help fund Henvey Inlet Wind and Grady Wind facility acquisitions. : CBRE Caledon Capital Management has invested $260m (€236m) in US-based independent renewable energy firm Pattern Energy Group. The infrastructure and private equity investor, on behalf of a fund it sponsors as well as its separately managed accounts, is investing the capital via Pattern Energy’s private placement of perpetual preferred stock. Pattern Energy said it will use a portion of the proceeds to buy ownership interests in two operating wind power facilities, the Henvey Inlet Wind facility in Ontario and the Grady Wind facility in New Mexico.