Michael Hoffman - Pattern Energy Director

Director

Mr. Michael B. Hoffman is Independent Director of the Company. Mr. Hoffman has served as a member of our board of directors since October 2012. Mr. Hoffman is a partner of Riverstone, where he is principally responsible for investments in power and renewable energy for Riverstones funds and is based in New York. Mr. Hoffman is head of Riverstones Renewable Energy Funds I and II. Before joining Riverstone in 2003, Mr. Hoffman was senior managing director and head of the mergers and acquisitions advisory business of The Blackstone Group for 15 years, where he also served on the firms principal group investment committee as well as its executive committee. Prior to joining Blackstone, Mr. Hoffman was managing director and cohead of the mergers and acquisitions department of Smith Barney, Harris Upham Co. Mr. Hoffman is chairman of the board of directors of Onconova Therapeutics Inc., on the board of directors of Talen Energy Corporationrationration, and a director of the general partner of Enviva Partners, LP. His nonprofit board affiliations include Rockefeller University. We believe Mr. Hoffmans extensive leadership, energy industry and financial expertise enables him to contribute significant managerial, strategic and financial oversight skills to our board of directors. since 2012.
Age 66
Tenure 12 years
Phone415 283-4000
Webwww.patternenergy.com

Michael Hoffman Latest Insider Activity

Tracking and analyzing the buying and selling activities of Michael Hoffman against Pattern Energy stock is an integral part of due diligence when investing in Pattern Energy. Michael Hoffman insider activity provides valuable insight into whether Pattern Energy is net buyers or sellers over its current business cycle. Note, Pattern Energy insiders must abide by specific rules, including filing SEC forms every time they buy or sell Pattern Energy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Pattern Energy Management Efficiency

Pattern Energy's management efficiency ratios could be used to measure how well Pattern Energy manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 2.73 B in liabilities with Debt to Equity (D/E) ratio of 149.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Pattern Energy Group has a current ratio of 0.33, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Pattern Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Pattern Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pattern Energy Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pattern to invest in growth at high rates of return. When we think about Pattern Energy's use of debt, we should always consider it together with cash and equity.

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Pattern Energy Group Inc. operates as an integrated renewable energy company. As of March 16, 2020, Pattern Energy Group Inc. was taken private. Pattern Energy operates under UtilitiesRenewable classification in USA and is traded on BATS Exchange. It employs 228 people. Pattern Energy Group (PEGI) is traded on NASDAQ Exchange in USA and employs 228 people.

Management Performance

Pattern Energy Group Leadership Team

Elected by the shareholders, the Pattern Energy's board of directors comprises two types of representatives: Pattern Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pattern. The board's role is to monitor Pattern Energy's management team and ensure that shareholders' interests are well served. Pattern Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pattern Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Hunter Armistead, Executive VP of Bus. Devel.
John Browne, Independent Director
Eric Lillybeck, Senior Vice President - Fiscal and Administrative Services
Daniel Elkort, Executive VP and General Counsel
Patricia Newson, Independent Director Nominee
Michael Garland, CEO and President and Director
Douglas Hall, Independent Director Nominee
Dean Russell, Senior Vice President - Engineering and Construction
Michael Lyon, CFO
Dyann Blaine, Vice President Secretary
Michael Hoffman, Director
Kevin Devlin, Senior Vice President Strategic Operations
Richard Ostberg, Senior Vice President Chief Accounting Officer, Controller
Alan Batkin, Independent Director Nominee
Mona Sutphen, Independent Director
Sarah Webster, IR Contact Officer
Patricia Bellinger, Director
Richard Goodman, Independent Director
Esben Pedersen, Chief Investment Officer
Kevin Deters, Vice President Engineering and Construction
Christopher Shugart, Sr. VP of Operations

Pattern Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pattern Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Becoming a Better Investor with Macroaxis

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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Pattern Energy Group information on this page should be used as a complementary analysis to other Pattern Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Other Consideration for investing in Pattern Stock

If you are still planning to invest in Pattern Energy Group check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pattern Energy's history and understand the potential risks before investing.
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