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Western Wind Energy: Update on Sales Process
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VANCOUVER - Western Wind Energy Corp. provides an update on the ongoing process to sell the Company and its assets.
The Sale Process is progressing as planned, with a limited number of bidders having now been invited to proceed to conduct second round due diligence. There is still a potential for a small number of additional qualified parties to move into the second round. The Company will only be providing further updates on the Sale Process as necessary or appropriate.
Jeffrey Ciachurski, Western Wind's CEO, said "Our management team stays committed to the sale process and to maximizing value for our shareholders. As a collective group we have a significant equity stake in the company and, except for some recent sales by one officer necessitated by a need to address his immediate personal tax issue, are committed to realizing value for our equity position through the sale process."
ABOUT WESTERN WIND ENERGY CORP.
Western Wind is a vertically integrated renewable energy production company that owns and operates wind and solar generation facilities with 165 net MW of rated capacity in production, in the States of California and Arizona. Western Wind further owns substantial development assets for both solar and wind energy in the U.S. The Company is headquartered in Vancouver , BC and has branch offices in Scottsdale , Arizona and Tehachapi, California. Western Wind trades on the TSX Venture Exchange under the symbol "WND", and in the United States on the OTCQX under the symbol "WNDEF".
The Company owns and operates three wind energy generation facilities in California, and one fully integrated combined wind and solar energy generation facility in Arizona. The three operating wind generation facilities in California are comprised of the 120MW Windstar, the 4.5MW Windridge facilities in Tehachapi, and the 30MW Mesa wind generation facility near Palm Springs. The facility in Arizona is the Company's 10.5MW Kingman integrated solar and wind facility. The Company is further developing wind and solar energy projects in California, Arizona, and Puerto Rico .
ON BEHALF OF THE BOARD OF DIRECTORS
"SIGNED"
Jeffrey J. Ciachurski
President & Chief Executive Officer
Investor Relations Contact:
Lawrence Casse
AlphaEdge
Tel: (416) 992-7227
Email:[email protected]
VANCOUVER - Western Wind Energy Corp. provides an update on the ongoing process to sell the Company and its assets.
The Sale Process is progressing as planned, with a limited number of bidders having now been invited to proceed to conduct second round due diligence. There is still a potential for a small number of additional qualified parties to move into the second round. The Company will only be providing further updates on the Sale Process as necessary or appropriate.
Jeffrey Ciachurski, Western Wind's CEO, said "Our management team stays committed to the sale process and to maximizing value for our shareholders. As a collective group we have a significant equity stake in the company and, except for some recent sales by one officer necessitated by a need to address his immediate personal tax issue, are committed to realizing value for our equity position through the sale process."
ABOUT WESTERN WIND ENERGY CORP.
Western Wind is a vertically integrated renewable energy production company that owns and operates wind and solar generation facilities with 165 net MW of rated capacity in production, in the States of California and Arizona. Western Wind further owns substantial development assets for both solar and wind energy in the U.S. The Company is headquartered in Vancouver , BC and has branch offices in Scottsdale , Arizona and Tehachapi, California. Western Wind trades on the TSX Venture Exchange under the symbol "WND", and in the United States on the OTCQX under the symbol "WNDEF".
The Company owns and operates three wind energy generation facilities in California, and one fully integrated combined wind and solar energy generation facility in Arizona. The three operating wind generation facilities in California are comprised of the 120MW Windstar, the 4.5MW Windridge facilities in Tehachapi, and the 30MW Mesa wind generation facility near Palm Springs. The facility in Arizona is the Company's 10.5MW Kingman integrated solar and wind facility. The Company is further developing wind and solar energy projects in California, Arizona, and Puerto Rico .
ON BEHALF OF THE BOARD OF DIRECTORS
"SIGNED"
Jeffrey J. Ciachurski
President & Chief Executive Officer
Investor Relations Contact:
Lawrence Casse
AlphaEdge
Tel: (416) 992-7227
Email:[email protected]