Western Wind Energy Corp V.WND

BOLD PREDICTION

[sultan66]

Hi all,

I don't often come out and make bold take over predictions but if you hear me out, I think I may be onto something.

Brookfield Renewable Energy Partners LP (BEP.UN) is a company that is pretty similar to ours. For instance, they just bought a 150MW windfarm and increased their interest in two other nearby wind farms in Techapi, California. https://brookfieldrenewable.com/content/2012/brookfield_renewable_energy_partners_increases_dis-31345.html Does Techapi sound familiar? Well it should, because that is where Windstar is. Also, we have Windridge and Windswept projects in Techapi which total another 100MW. BEP.UN is 73% owned by the parent company Brookfield Asset Management (BAM).

Today, BAM announced a secondary offering of 11.4MM shares of BEP.UN at a price of $26.25 for cash proceeds of 297MM in order to fund growth through acquisitions and construction. https://brookfieldrenewable.com/content/2012/brookfield_announces_secondary_offering_of_lp_un-31553.html This closes on Feb 2.

Our current market cap is roughly 112MM. We are about to get approx. 100 MM from the US government and once we ink this Puerto Rican deal, we will have a further tax credit in our favor. The company believes that we will be able to tsell the credit at 80% of its value payable at a maximum of 8MM per year for 8ish years.

Factoring in these elements, I dont think a $3-3.50 value is far off. with 61MM shares out at what we'll call a $3.25 take out price, that is a purchase price of 198MM for the whole company.

Conclusion, following this share sale, BAM will be well positioned to make a fair offer for WND, a company that is a great fit for them and their growth strategy.

You never know right?

SuLtAn

[babloo]

shhhhh.......... trying to accumulate   Cardinal/Jonthan please bash and post more often please.

[jonathanstjohn2]

OK. WND should simply tell the truth and also acknowledge that the US/Canada are in the Western hemisphere where time is linear. Wow. WHAMMM!!! Good luck!  

[coorsman]

I hate to burst your party balloon, but the money from the secondary offering is going to BAM, not BEP.un. BEP.un is the one that would be buying wind farms, not BAM. And I doubt that BEP.un would be interested in the old broken down wind farm that WND owns. Maybe the new ones, but not at the valuation WND thinks it is worth. Sorry to pee in your cereal.

[sultan66]

If you knew how corporate structures worked, you would know that the parent company would actually make the purchase with an amalgamaton at a later date. The transaction would be structured this way to be tax efficient... You can keep peeing, but you missed my cereal bowl...   SuLtAn

[coorsman]

Nice try, sultan, but your blowing wnd out your arse. BEP.un ain't gonna buy this company.

[Xtrykr0]

Wow Sultan, interesting and very bold prediction you got there indeed. I have been following Brookfield not with the renewables area, but their property and real estate funds, and Brookfield, unlike AQN, is a solid company, excellent books, and I believe, would be a serious contender to 'attempt' to takeover WND. Surprisingly, I believe someone has been secretly accumulating in the

[anott]

I too noticed that WND would make a good acquisition target for Brookfield, but they've clearly stated the funds will be for European assets. It would also make sense for BAM to purchase and then roll the asset back into BEP.UN when the BEP.UN price drops.  That would help them more than make up the 5% ownership chunk they just sold.

[Xtrykr0]

Hi anott, can you provide me with the reference to the funds to be used for European asset acquisitions please? I'm interested in knowing which ones. Thanks!

[coorsman]

"Brookfield Renewable Energy Partners LP (BEP.UN) is a company that is pretty similar to ours" ====================================================================== That is the most laughable thing I have read in a long time. BEP.un is NOTHING like WND. That is the kind of stupid claim that makes me regard people like sultan with total contempt.

[sultan66]

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

[Xtrykr0]

Sultan, your posts are always interesting, informative, and always a welcome. Till next time, cheers mate.

[cutthebsbud]

ok so i finally got to the post i thought was here, so here is a post from sultana crackerhead where he supposedly is attacking another poster for lack of knowledge about "corporate things":   <>   and then just a few days ago sultana crackerhead confused "Compensation Board" with what anyone with only a limited knowledge of  "how corporate structures