RE: RE: BOLD PREDICTION You are right coorsman, they are nothing alike. WND assets:
Windstar - Techapi, California
Windridge - Techapi, California
Windswept - Techapi, California
3 projects totalling 220MW.
Now let's look at BEP.UN's news release...
January 12, 2012 – Brookfield Renewable Energy Partners L.P. (TSX: BEP.UN) (“Brookfield Renewable”) is pleased to announce an increase in its unitholder distributions to $1.38 on an annualized basis, representing an increase of three cents per unit per year. The increase will take effect with the first quarter distribution payable in April 2012.
The increase in distributions is the result of significant progress in the company’s growth plans, specifically the announcement today that with its institutional partners, the company has entered into agreements to acquire new wind generation assets in California. The assets to be acquired include:
- A 150 megawatt wind project in California purchased from a U.S. wind developer. This project is located in the Tehachapi region in close proximity to Brookfield Renewable’s existing 102 megawatt wind farm and benefits from a 24-year power purchase agreement with Southern California Edison. The new wind farm consists of 50 Vestas V90 3.0-megawatts turbines, the same model in use at the neighbouring facility, and at our wind farm in New Hampshire.
- An incremental 50% interest in our 102 megawatt wind farm in Tehachapi, California, bringing our interest to 100%, as well as the acquisition of a further 22 megawatts of additional operating wind generation capacity, being acquired from the company’s existing partner, the Coram Energy Group.
I guess you're right. There are just zero similarities.
I am not making people buy shares by misleading them. I put out a thought on an open forum to discuss. The odds of this are obviously slim to none, but it's an interesting idea to talk about. If people are buying based off one poster's comments on stockhouse, I am concerned for them. I am bullish on WND and have been a longtime shareholder adding along the way, but I'm not a pumper...
Moving on...