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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by Xtrykr0on May 25, 2010 1:18pm
298 Views
Post# 17129108

RE: Help me out here

RE: Help me out hereIts the US grant for alternative energy incentive that WND applied for a while back. Pretty much its saying that they Rabobank is responsible for securing the funds on behalf of the US Treasuries. $55 million is not chump change. It will account for nearly 25% of the project costs. For the US government to step in and say WND is good for the money is good to hear and knowing its backed by a AAA credit rated bank is welcoming. This should also play a positive impact to Manulife's ability to secure the financing for WND.
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