Pattern Energy 8-K Pattern Energy Agrees to Acquire 179 MW of Wind Power

Exhibit 99.5

CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

Panhandle B Member 2 LLC

For the Three Months Ended March 31, 2014 and

the Period: March 1, 2013 (Date of Inception) to March 31, 2013

Panhandle B Member 2 LLC

Consolidated Financial Statements (Unaudited)

For the Three Months Ended March 31, 2014 and

the Period: March 1, 2013 (Date of Inception) to March 31, 2013

INDEX TO CONSOLIDATED FINANCIAL STATEMENTS

Consolidated Statements of Financial Position	1
Consolidated Statements of Operations and Comprehensive Loss	2
Consolidated Statements of Changes in Member’s Capital	3
Consolidated Statements of Cash Flows	4

Panhandle B Member 2 LLC

Consolidated Statements of Financial Position

(In Thousands of U.S. Dollars)

(Unaudited)

	March 31,			December 31,
	2014			2013
Assets
Current assets:
Cash and cash equivalents	$	181		$	196
Prepaid expenses and other current assets		4,040			4,662
Deposit		24,000			24,000
Deferred financing costs, net of accumulated amortization of $2,477 and $273 as of March 31, 2014 and December 31, 2013, respectively		5,606			7,599
Total current assets		33,827			36,457
Turbine advances		58,365			111,820
Construction in progress		123,947			12,281
Property, plant and equipment		1,654			82
Total assets	$	217,793		$	160,640
Liabilities and member’s capital
Current liabilities:
Accounts payable and other accrued liabilities	$	8		$	151
Accrued construction costs		34,689			886
Related party payable		1,613			1,604
Accrued interest		—			62
Short-term debt		93,815			70,906
Total current liabilities		130,125			73,609
Asset retirement obligation		1,622			50
Total liabilities		131,747			73,659
Member’s capital:
Capital		86,408			87,033
Accumulated loss		(362	)		(52	)
Total member’s capital		86,046			86,981
Total liabilities and member’s capital	$	217,793		$	160,640

1

Panhandle B Member 2 LLC

Consolidated Statements of Operations and Comprehensive Loss

(In Thousands of U.S. Dollars)

(Unaudited)

				March 1, 2013
	Three months			(Date of Inception)
	ended			to
	March 31, 2014			March 31, 2013
Revenue:
Electricity sales	$	—		$	—
Total revenue		—			—
Cost of revenue:
General and administrative		—			—
Total cost of revenue		—			—
Operating loss		—			—
Other expense:
Interest expense		(310	)		—
Total other expense		(310	)		—
Net and comprehensive loss	$	(310	)	$	—

2

Panhandle B Member 2 LLC

Consolidated Statements of Changes in Member’s Capital

(In Thousands of U.S. Dollars)

(Unaudited)

				Accumulated
	Capital			Loss			Total
Balances at December 31, 2013	$	87,033		$	(52	)	$	86,981
Capital distributions		(625	)		—			(625	)
Net and comprehensive loss		—			(310	)		(310	)
Balances at March 31, 2014	$	86,408		$	(362	)	$	86,046

3

Panhandle B Member 2 LLC

Consolidated Statements of Cash Flows

(In Thousands of U.S. Dollars)

(Unaudited)

				March 1, 2013
	Three months			(Date of Inception)
	ended			to
	March 31, 2014			March 31, 2013
Operating activities
Net loss	$	(310	)	$	—
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of financing costs		179			—
Changes in operating assets and liabilities:
Prepaid expenses and other current assets		491			—
Accounts payable and other accrued liabilities		(11	)		—
Related party payable		9			—
Net cash provided by operating activities		358			—
Investing activities
Capital expenditures		(22,283	)		(2	)
Net cash used in investing activities		(22,283	)		(2	)
Financing activities
Capital contributions		—			2
Capital distributions		(625	)		—
Proceeds from issuance of short-term debt		22,909			—
Payment of deferred equity issuance costs		(20	)		—
Payment of deferred financing costs		(354	)		—
Net cash provided by financing activities		21,910			2
Net change in cash and cash equivalents		(15	)		—
Cash and cash equivalents at beginning of quarter		196			—
Cash and cash equivalents at end of quarter	$	181		$	—
Schedule of non-cash activities
Capitalized interest to short-term debt	$	269		$	—
Capitalized commitment fee to short-term debt		286			—
Accrued construction in progress costs		33,803			22
Amortization of prepaid expenses and other current assets - included as construction in progress		150			—
Amortization of deferred financing costs - included as construction in progress		2,026			—
Change in property, plant and equipment		1,572			—
Capitalized interest - included as construction in progress		269			—

4