Toronto Stock Exchange (Venture) Symbol: "WND"
Issued and Outstanding: 47,542,397
VANCOUVER, Jan. 13 /PRNewswire-FirstCall/ - Western Wind Energy Corp ("Western Wind") is pleased to announce that Western Wind has received approval from the FAA for 15 turbine locations at 399 feet per turbine for our Steel Park Wind Energy - Solar Energy project near Kingman, Arizona. Western Wind is in the process of finalizing a turbine supplier, Engineering Procurement Construction Contractor and Solar Panel provider. Western Wind will be utilizing very advanced Copper Indium Gallium Selenium (CIGS) solar technology that is both robust and cost effective.
Steel Park is a fully zoned and approved project by the Mohave County Government and is owned fee simple by Western Wind without debt. Power will be sold under a fully executed Power Purchase Agreement with Unisource Energy Services, a major Arizona regulated utility. We anticipate this to be the first of its kind, fully integrated wind - solar project under one designated and specific contract.
About Western Wind Energy Corp.
Western Wind is a vertically integrated renewable energy electrical production company that currently owns over 500 wind turbines with 34.5 MW of rated capacity and a further 131MW of expansion power purchase agreements in the States of California and Arizona. Western Wind further owns additional development assets for both Solar and Wind Energy in California, Arizona, Ontario, Canada and a development team in the Commonwealth of Puerto Rico. Western Wind is in the business of owning and acquiring land sites and technology for the production of electricity from wind and solar energy. Management of Western Wind Energy includes individuals involved in the operations and ownership of utility scale wind energy facilities in California since 1981.
ON BEHALF OF THE BOARD OF DIRECTORS "SIGNED" Jeffrey J. Ciachurski Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements in this press release constitute "forward-looking statements" under applicable securities laws, which involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. Words such as "expects", "anticipates", "intends", "projects", "plans", "will", "believes", "seeks", "estimates", "should", "may", "could", and variations of such words and similar expressions are intended to identify such forward-looking statements. Such statements in this news release include, but are not limited to, the Company's intended use of proceeds from the Offering. These statements are based on management's current expectations and beliefs and actual events or results may differ materially. There are many factors that could cause such actual events or results expressed or implied by such forward-looking statements to differ materially from any future results expressed or implied by such statements. Such factors include, but are not limited to, the Company's ability to profitably utilize the lands as planned and the other factors discussed in the Company's annual report and annual information contained in the Company's 20F Annual Report filed with the United States Securities and Exchange Commission and securities regulators in Canada. Forward-looking statements are based on current expectations and the Company assumes no obligation to update such information to reflect later events or developments, except as required by law.
SOURCE Western Wind Energy