sunnypease 19 Report post Posted October 13 Nice to see the turbines like this... https://www.greentechmedia.com/multimedia/view/drones-film-western-canadas-largest-wind-farm-with-60-wind-turbines Share this post Link to post Share on other sites
dydo 1,501 Report post Posted October 18 Pattern's is selling stock Share this post Link to post Share on other sites
dydo 1,501 Report post Posted October 19 PEGI sells at 23.40, more acqusitions possible again. Share this post Link to post Share on other sites
sunnypease 19 Report post Posted October 19 5 hours ago, dydo said: PEGI sells at 23.40, more acqusitions possible again. Think this is a good place to buy some PEGI? It's accretive so the share price should move higher than the offering price, one would hope. Share this post Link to post Share on other sites
dydo 1,501 Report post Posted October 26 According to the prospectus, PSP was going to buy up to $15M in shares out of the offering. Interestingly Merill Lynch who was one of the underwriters, day after closing sends the underperforming rating and set the price at $21. Looks to me like the dealer now wants to buy those shares at the lower price. Cheats. Share this post Link to post Share on other sites
solarpete 62 Report post Posted October 26 15 hours ago, dydo said: Cheats. Agreed. Never trust a Wall Street banker/broker/underwriter. Heck, half the time they don't even put their own clients' best interests before those of their firm (remember Goldman Sacks hyping bad mortgages to their clients while shorting them in their own trading--and I'm sure they weren't the only ones). Share this post Link to post Share on other sites
sunnypease 19 Report post Posted November 10 (edited) https://www.awea.org/SenateTaxReformPTC Senate tax reform keeps the PTC as is. Also PEGI in their CC Q3 2017, though it may no longer be relevant: Let me start with - we support many parts of tax reform, but we don't think the House provisions modifying the PTCs available to wind will survive. We are very good encouraged by the recent announcements of several key Republican senators saying that these provisions are dead on arrival in the Senate. As background, it's important to remember that the proposed House tax bill improves the returns on our existing assets over time primarily as a result of the lower corporate tax rate. Additionally, our near-term growth is primarily outside the U.S. as evidenced by over 60% of our iROFO assets are outside the U.S. The bill has currently proposed primarily affects new projects being developed by Pattern Development. Pattern Development's pipeline has a number of projects that could be delayed, killed or need to be modified if the House bill were to be passed in its current form. But beyond those few projects Pattern Development would adjust the pricing of its power sales reflecting any new tax law. This may make certain wind projects less competitive and could slow Pattern Development's growth in the U.S. for a limited period. But over the time, the market will adjust and continue to grow. Clearly, the bill does not affect our growth activities outside the U.S. So let's see what happens in the coming weeks. I think it is clear. It will become clear and we will be favorable and it will be favorable, but it will require some patience.Edited November 10 by sunnypease Share this post Link to post Share on other sites
