Toronto Stock Exchange (Venture) Symbol: "WND"
Issued and Outstanding: 55,866,594
VANCOUVER, Jan. 31 /CNW/ - Western Wind Energy Corp. ("Western Wind")
has selected RMT, Inc. (RMT) a leading renewable energy engineering and
construction company, to construct two wind energy facilities. RMT has
commenced construction on the 120-MW Windstar project in Tehachapi,
California, and the 10-MW Kingman project in Mohave County, Arizona.
"We are thrilled to be partnering with Western Wind Energy on these
clean energy projects." said David Kutcher, RMT Chief Commercial
Officer. "Once completed, these two facilities will have the capacity
to power approximately 35,000 homes annually."
RMT is responsible for engineering, procurement and construction (EPC)
of the civil and electrical Balance of Plant (BOP) for the Windstar and
Kingman projects, including the erection of Gamesa 2.0-MW wind turbines
at both sites.
"RMT has designed and constructed dozens of utility-scale wind farms
across the U.S.," explains Alana Steele, General Counsel and Chief
Operating Officer for Western Wind Energy. "We chose them to construct
our Windstar and Kingman facilities because they know how to build
reliable renewable energy facilities, while maintaining
industry-leading health and safety performance."
The Kingman facility is expected to commence commercial operation in the
second quarter of 2011, while the Windstar facility is scheduled to
come online in the fourth quarter of this year.
RMT creates energy and environmental solutions that balance our clients'
business and sustainability goals. Headquartered in Madison, Wisconsin,
the company has 600+ employees throughout the U.S. RMT has provided
construction, engineering, design, and development services for 3,800+
MW of renewable energy across the U.S. RMT is a unit of Alliant Energy
Corporation (NYSE: LNT), an energy holding company. Visit www.rmtinc.com.
First Stage of Substantial Issuer Bid
Western Wind is in the process of selecting a world class Energy
Valuation firm to perform a Net Present Valuation of all of Western
Wind's assets, both physical and financial on a per share basis. From
the valuation results, Western Wind will publish the findings on a Net
Present Value per share basis, ensuring Minority rights will be
protected during any share purchase solicitation.
About Western Wind Energy Corp.
Western Wind is a mid-tier vertically integrated renewable energy
production company that currently has by way of 100% direct ownership,
over 500 wind turbines and 165 MW of net rated capacity in production
or in construction, and a further 311 MW of priority expansion
development assets in the States of California, Arizona and the
Commonwealth of Puerto Rico. In addition the company has a 1,300 MW
California Development Initiative.
Western Wind is in the business of owning and acquiring land sites,
generation assets and technology for the production of electricity from
wind and solar energy. Management of Western Wind 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
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
For further information:
TELEPHONE: 604.685.WIND (9463)