TSX.V Symbol: "WND"
OTCQX Symbol: "WNDEF"
Issued and Outstanding: 73,272,748
VANCOUVER, May 21, 2013 /CNW/ - Western Wind Energy Corp. -- (the "Company" or "Western Wind") (TSX Venture Exchange -- "WND") (OTCQX -- "WNDEF") today announced
that WWE Equity Holdings Inc., an indirect wholly-owned subsidiary of
Brookfield Renewable Energy Partners L.P., has completed its compulsory
acquisition of the outstanding common shares ("Common Shares") of Western Wind, at a price of $2.60 in cash per Common Share,
pursuant to the notice of compulsory acquisition made under Section 300
of the Business Corporations Act (British Columbia), and now owns 100% of the outstanding Common Shares.
In addition, Western Wind announced today that it anticipates the Common
Shares will be delisted from the TSX Venture Exchange as of the close
of business (Toronto time) on May 24, 2013. Western Wind also announced
that it will apply to the relevant securities commissions to cease to
be a reporting issuer in all applicable jurisdictions.
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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.
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.
SOURCE: Western Wind Energy
For further information:
Chief Executive Officer
Western Wind Investor Relations Contact: