Western Wind Energy Corp. - Record First Half Revenue Production
Posted on: Tuesday, 2 October 2007, 09:01 CDT
COQUITLAM, BC, Oct. 2 /PRNewswire-FirstCall/ -- Western Wind Energy is pleased to announce that it has realized record revenues for the period ended July 31, 2007. The revenues to Western Wind Energy for the six-month period ended July 31, 2007 were $3,693,881. The revenues for the three-month period ended July 31, 2007 were $2,021,263. Both the second quarter and second half of fiscal 2008 were record setters in terms of energy sales and revenue.
Western Wind Energy continues to look forward to announcing more deals and more opportunities from Western Wind Energy's long inventory of top-of-the-industry production facilities and development projects.
Western Wind Energy is the largest producing pure wind energy, publicly traded company (non-income trust) in North America. Western Wind Energy currently produces 34.5 MW of energy from over 500 wind turbine generators located in Southern California. Western Wind also has over 155 MW of expansion power sales agreements with the associated projects in the late stage of development. In addition, Western Wind Energy has a credible pipeline of over 1,300 MW of site locations in the State of California.
Western Wind Energy currently produces clean renewable electrical energy from over 500 wind turbine generators located in Tehachapi (Windridge) and San Gorgonio Pass (Palm Springs), California. Western Wind Energy's annualized energy output is approximately 75 billion watt hours per year. During the past two years, Western Wind Energy has executed or acquired over $1 billion of power sales agreements totaling 169.4 megawatts from the sale of wind energy electrical generation, to two separate utilities. Western Wind Energy was the first to execute a "wind" PPA in the State of Arizona, and in California, is expanding from management's 25-year continuous operating history in the Tehachapi Pass.
Western Wind Energy is in the business of acquiring exceptional land sites, capital and technology for the production of electricity from wind energy. Western Wind Energy conducts its operations through its wholly owned subsidiaries in Arizona and California. Management of Western Wind Energy includes individuals involved in the operations and ownership of utility scale wind energy operations in California since 1981.
ON BEHALF OF THE BOARD OF DIRECTORS "SIGNED" Jeffrey J. Ciachurski Chief Executive Officer The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Certain statements included herein are "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Management cautions that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statement. Important factors that could cause the actual results of operations or financial condition of the Company to differ include, but are not necessarily limited to, the risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission.
CONTACT: WESTERN WIND ENERGY CORP., 632 Foster Avenue, Coquitlam, BC, V3J 2L7, Telephone: (604) 839-4192, Facsimile: (604) 939-1292, http://www.westernwindenergy.com/
Western Wind Energy
CONTACT: WESTERN WIND ENERGY CORP., 632 Foster Avenue, Coquitlam, BC, V3J2L7, Telephone: (604) 839-4192, Facsimile: (604) 939-1292,http://www.westernwindenergy.com/
Source: PRNewswire-FirstCall
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