Wind Works Acquires Zero Emission People
Wind Works Power (Wind Works), a Canada-based developer of wind energy projects, has closed its acquisition of wind energy developer Zero Emission People.
Wind Works acquired Zero Emission People's equity interest in 10 wind energy projects in Canada and the US totaling 320MW plus options to increase the equity interest in the same projects to a total of 355MW.
Wind Works has a current total potential developmental pipeline of 23 wind energy projects totaling 587MW.
Ingo Stuckmann, CEO and director of Wind Works, said: "With the closing of the Zero Emission People transaction, we will now focus our efforts on advancing our project portfolio in Ontario, the United States, and Europe in order to fully maximize shareholder value."
In December 2009, Wind Works acquired a 50% interest in six wind energy projects totaling 80MW located in Ontario, with an option to increase its interests to 100%. All the six projects submitted power contract applications on November 30 under the new feed-in tariff program as part of the Ontario Power Authority initial launch period, Wind Works said.
Related Insight
Suppliers Directory
Power Generation Biofuels & Biomass Fossil Fuel Geothermal Hydro Nuclear Solar Wind
Power Distribution Utilities Network Utilities Retail
Mining & Commodities Carbon Coal Minerals & Materials Nuclear Fuels
Wind Intelligence
“Competing For Share Of Global Upstream Oil & Gas Industry Spend In 2010-2011” is a new report published by ICD Research that analyzes how industry suppliers’ media spend, marketing and sales strategies & practices and business planning will be shaped in 2010 to 2011. In an uncertain economic climate this report gives you access to the media channel spending outlooks, media budgets, marketing agency selection criteria, business challenges and sales tactics of leading suppliers to the upstream oil and gas industry. The report also identifies oil and gas exploration and production companies and suppliers future growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels. Buy online from $2000
Comments may be moderated for spam, obscenities or defamation.