Western Wind Energy Corp. – (Toronto Venture Exchange – "WND") (OTCQX – "WNDEF"), is pleased to announce that our producing 30 MW Mesa Wind Farm located near Palm Springs, California has executed a new Power Purchase Agreement ("PPA") with a major California Utility. Terms of the deal are confidential, but we can disclose the price received will double the revenues received from Mesa. The new PPA covers the existing equipment. The Agreement is subject to customary regulatory approvals.
Mesa records the highest annual wind speeds for any producing wind farm in North America. The year to date wind speed is 10.7 meters per second, or almost 24 miles per hour. Mesa has produced these exceptional winds since the opening in 1984.
Jeff Ciachurski, President of Western Wind Energy states, "We are extremely pleased about executing our new PPA at Mesa. Together with the highest wind speeds of any wind farm in North America, Mesa offers long-term viability not only in its existing form, but as a new repowered project in the near future. Western Wind is humbled by owning its sites at the most productive regions in the world. Palm Springs is home to over 4,000 wind turbines, of which 460 belong to Western Wind."
Western Wind Energy Corp. (OTCQX: WNDEF) (TSX.V: WND) trades in the United States on the OTCQX under the symbol "WNDEF" and on the Toronto Venture Exchange under "WND". Western Wind is a vertically integrated renewable energy production company that currently owns 165 MW of rated solar and wind capacity in production in the States of California and Arizona. Western Wind further owns substantial additional development assets for both solar and wind energy in California, Arizona, Ontario, Canada; and in the Commonwealth of Puerto Rico.
Western Wind Energy is in the business of owning and operating wind power and solar energy generating facilities. Management of Western Wind includes individuals involved in the operations and ownership of utility scale wind energy facilities in California since 1981.
By José Santamarta, www.westernwindenergy.com