ART and APG to acquire a stake in Pattern Energy from Riverstone.

Investment managers ART and APG agreed to acquire a stake in Pattern Energy, a renewable energy and transmission infrastructure firm, from Riverstone, a private markets asset management firm. Financial terms were not disclosed. "APG’s and ART’s financial strength and commitment to the business will strengthen Pattern’s position as we rise to the challenge of meeting North America’s rapidly growing energy needs," Hunter Armistead, Pattern Energy CEO.