Western Wind signs power purchase agreementWestern Wind signs power purchase agreement
2009-12-29 07:37 ET - News Release
Mr. Jeffrey Ciachurski reports
WESTERN WIND ENERGY CORP. - WINDSTAR POWER PURCHASE AGREEMENT AMENDMENT
Western Wind Energy Corp. and Southern California Edison have executed an amendment to the power purchase agreement for the 120-megawatt Windstar project located in Tehachapi, Calif. Details of the agreement remain confidential, however, the amendment updates terms to reflect current market conditions and project status.
Based on current discussions with its turbine supplier and engineering procurement and construction team (EPC), Western Wind is anticipating start of construction to be Aug. 1, 2010, and the commercial operations date (COD) to be March 1, 2011.
Western Wind is transmitting the energy through the already built and privately owned Sagebrush and Wilderness lines and therefore, does not require the usage of soon-to-be-built, transmission projects.
We seek Safe Harbor.