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PEGI - Pattern Energy swings into losses but says on track to meet 2019 guidance
Pattern Energy Group Inc.
Pattern Energy (PEGI-0.7%) reported Q1 net loss of $30M vs. profit of $136M last year, and the downside was caused by losses at existing projects, divestitures in 2018, derivative losses and net loss in the development investment segment; revenues reached $135M, up 21% Y/Y.
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