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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Comment by deguson Nov 23, 2012 3:11pm
140 Views
Post# 20637576

Brookfield

Brookfield

Brookfield stated in their Q1 MD&A, long before WND was up for sale, that they wanted to expand in California and that Tehachapi was probably the best location to do it.

Although they remotely monitor their projects, being next to Windstar suggests that they will have synergies there, where the great majority of WND generating capacity exists, that other bidders will not have. OPEX for Brookfield will likely be cheaper as a result.

Add in that Brookfield bought the 16.2% of WND and raised $250 million about 2 to 3 months later, it is obvious they are a bidder. When I estimate the cash Brookfield raised, after expenses and I divide the amount by the number of shares of WND that they do not own, I get a very tantalizing number.

Brookfield riased ~$4.33 per (non-Brookfield) share of WND in cash from the Preferred issue.

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