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Western Wind Energy Corp ( WND ) |
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Energy
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Written by Editor
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Monday, 04 February 2013 11:39 |
Western Wind Increases Megawatts under Contract by 51% from 195MW to 295MW and Responds to Brookfield's Latest Offer
Western Wind Energy Corp. - (the "Company" or "Western Wind") (TSX Venture Exchange - "WND") (OTCQX - "WNDEF") provides an update and responds to an amendment to the unsolicited offer (as amended, the "Offer") by WWE Equity Holdings Inc, an indirect subsidiary of Brookfield Renewable Energy Partners L.P. (together, "Brookfield") to acquire all of the issued and outstanding common shares (the "Shares" or the "Western Wind Shares") of Western Wind.
Option on New 100 MW Power Purchase Agreement
Western Wind is pleased to announce that the Company has entered into an option agreement (the "Option Agreement") with PBJL Energy Corporation ("PBJL") for the sole and exclusive right and option (the "Option") to purchase rights held by PBJL under a Master Renewable Power Purchase and Operating Agreement (the "Master PPA") between PBJL and Puerto Rico Electric Power Authority (the "Power Authority").
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Sprott Power Corp ( SPZ ) |
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Energy
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Written by Editor
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Friday, 23 November 2012 15:31 |
Sprott Power Corp. Completes Acquisition of Shear Wind and Enters into Agreements with New Partner
Sprott Power Corp. (TSX: SPZ) ("Sprott Power") and Shear Wind Inc. (TSXV: SWX) ("Shear Wind") are pleased to announce the closing of their plan of arrangement (the "Arrangement") and the establishment of agreements between Sprott Power and its new partner, Genera Avante Holdings Canada Inc. (together with certain of its affiliates,"GAHC"), for the operation and development of the Shear Wind assets.
The acquisition adds the Glen Dhu Wind Farm, the largest wind farm in Nova Scotia, to Sprott Power's portfolio of assets, increasing its operating assets under management by approximately 80% from 80 MW to 143 MW.
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Finavera Wind Energy Inc ( FVR ) |
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Energy
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Written by Editor
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Friday, 16 November 2012 11:35 |
Finavera Wind Energy Receives Initial Offers
Finavera Wind Energy Inc. ('Finavera Wind Energy', 'Finavera' or the 'Company') (TSX-V:FVR.V ) is pleased to provide an update on an intended corporate transaction which is currently the subject of advanced negotiations with four prospective companies. Finavera anticipates the selection of a lead offer and the subsequent announcement of a binding deal in short order.
Finavera Wind Energy has received initial offers from four companies in relation to a corporate transaction ranging from a complete offer for the outstanding share capital of the Company to a corporate partnership that allows the Company to advance its projects to construction and operation. The offers are the subject of ongoing negotiations.
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Broadwind Energy Inc ( BWEN ) |
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Energy
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Written by Editor
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Thursday, 18 October 2012 08:11 |
Broadwind Energy Wins $37 Million in Tower Orders
Broadwind Energy, Inc. (BWEN) announced today that it has been awarded tower orders totaling approximately $37 million from two U.S. wind turbine manufacturers, for manufacture beginning in late 2012 and extending well into 2013. The towers will be produced in the Company’s Manitowoc, WI facility.
Peter C. Duprey, president and CEO of Broadwind Energy, Inc., stated, “The market for wind towers in the U.S. is coming into balance. Due to the pending expiration of the Production Tax Credit and the wind tower trade case, a number of competitors, both foreign and domestic, have exited the market or repurposed some of their production assets.
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Western Wind Energy Corp ( WND ) |
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Energy
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Written by Editor
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Wednesday, 05 September 2012 11:09 |
Savitr Capital Sends Letter and Mails Proxy Circular to Western Wind Shareholders
Savitr Capital, LLC (“Savitr”), a significant shareholder of Western Wind Energy Corp. (Toronto Venture Exchange: WND) (OTCQX: WNDEF) (“Western Wind” or “the Company”), today sent a letter and mailed its Proxy Circular to Western Wind shareholders urging them to vote for five new independent Board nominees (the “Savitr Nominees”) at the annual general meeting of shareholders to be held on September 25, 2012.
In the Proxy Circular, Savitr highlights a history of failed promises and serious mismanagement under the watch of the current Board, which Savitr details as beholden to CEO Jeff Ciachurski.
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