"Ecsed is now our second wind power project in Europe following the announcement on Monday that we signed an option to acquire a 100% interest in Honelles, a 10 megawatt wind energy project located in Belgium" commented Dr. Ingo Stuckmann, CEO and director of Wind Works." Ecsed is an advanced stage project that adds significant value to our project portfolio. We will spend over $2 million in development costs over the next three years and create an investment opportunity valued in excess of $150 million, offering significant leverage to our development dollars."
Project Highlight: The Ecsed Wind Park is a 50 MW project that has been in development for more than two years. It is located in the vicinity of Ecsed, Hungary. Annual mean wind speeds are over 7 meters per second at a 100 m hub height. Transmission availability has been confirmed and land acquisition is complete. The project is eligible to participate in a RFP process in the summer of 2010. Permitting is expected to be completed in mid-2011.
Wind Works’ mission is to become a leading developer of wind energy projects in North America. For more information, please visit: www.windworkspower.com
The vision of Zero Emission People is to provide the opportunity for anyone to invest early in the development of renewable wind energy projects. As an example, as little as a $10,000 investment in a wind park blows away a person’s carbon footprint. We believe in making sound, environmentally conscious investments that are good for all shareholders, people and our planet.