update Western Wind Energy Corp.'s meetings in and from Vancouver with three large U.S. electric utilities were successful, and the parties will be moving to advanced discussions. The three utilities have parent company balance sheets in excess of $20-billion and have known the Western Wind assets for many years.
Concurrently, Western Wind has received many proposals from merger-and-acquisition advisers, and a selection will be made next week. The independent committee will be represented by McMillan LP.
Western Wind will not be proceeding with the Champlin/GEI Holdings acquisition