Time to Power-UP with
WWPWDid you know that over 40% of the new electric generation capacity
created in the United States last year was wind power. It was, far
and away, the largest alternative energy option for utilities and
corporations nationwide. Today`s alert company`s modest goal is to
become a leading developer of wind energy projects in the United
States, Canada and Europe! Source:
American Wind Energy Association
I am excited to introduce my members today to: Wind Works Power
Corporation (
WWPW)
If I was writing this alert just a few weeks ago, I would be telling
you about a small company with big dreams, awesome management and
unlimited potential.
WWPW had finalized the acquisition of its first
wind project called Skyway 126 which is a 10 megawatt (MW) project
with a potential investment value of $30 million once built.
On the heels of that announcement came the announcement that
WWPW had
completed the acquisition of a major player in the wind power
business: Zero Emission People (ZEP). ZEP`s portfolio includes 10
wind energy development projects totalling 375 megawatts Read the
full press release here
In just a few short weeks,
WWPW has grown tremendously and I don`t
think the market fully realizes what we`ve dealing with here -- yet!
I was especially impressed with the reasons for the acquisition and
the key employees that are going to be driving the company forward.
ZEP has stated that they have chosen
WWPW as their public vehicle to
build their next company mostly because of their respect for
WWPW`s
new Chairman John Pennie. Mr. Pennie is considered to be a pioneer in
wind energy in North America and an expert especially in Ontario,
Canada (the initial focus of their expansion efforts). Mr Pennie has
already successfully developed six wind energy projects representing
$360 million in power contracts that have been sold into joint
ventures with international firms.
The other key personnel of
WWPW carry resumes that every bit as
impressive as Mr. Pennie`s.
Thomas Tschiesche, Ph.D. (Director of
WWPW) was the General Manager of
Nordex for 5 years where 100 wind farms were realized under his
management. Nordex is a leading wind turbine manufacturer with a
market cap of over $1 Billlion. In addition, Dr. Tschiesche also
co-founded Energy Farming International, a company for wind farm
financing and construction that grew to $100 Million USD in revenue
over six years.
Ingo Stuckmann, Ph.D. has come on board
WWPW as CEO, President and
Director. Mr. Stuckman currently serves as a principal of SeeBa
Energy Farming Group and has been involved in the planning and
development of more than 900 wind turbines with an accumulated
capacity of more than 1300 MW around the world. He, along with Dr.
Tschiesche joined Energy Farming International, a wind farm financing
and construction company based in Germany. During Dr. Stuckman`s
management, 230 MW of wind farm projects were successfully developed
in Spain and 329 MW were successfully developed in the US . Energy
Farming International merged with Seeba Energy Farming Group in 2007,
and Ingo now serves as a Principal of the merged entity.
Here is an edited list of the projects on the drawing board:
* Grey Highlands Wind Park: 100% interest in a 10 MW project 25kms
south of Georgian Bay, Ontario, Canada
* Snowy Ridge Wind Park: 100% interest in a 10 MW project in the
vicinity west of the village of Bethany, Ontario, Canada.
* Skyway 126 Wind Park: 100% interest in a 10 MW project located
in Grey-Highlands Township, Ontario, Canada on the north east side of
the Garafraxa Plateau, the highest land mass in Ontario.
* Grand Prairie Wind Park: 100% interest in a 75 MW project
located in Illinois, USA.
* Baker Wind Park: 90% interest in a 200MW project located in
Montana, USA.
* Polar Bear Wind Park: 50% interest (with an option to increase
to 100%) in a 20MW project located in Ontario, Canada.
* Pleasant Bay Wind Park: 50% interest (with an option to increase
to 100%) in a 20MW project located in an area just north of the shores
of Lake Ontario, Canada that has one of the best wind regimes in
Ontario.
* Settlers Landing Wind Park: 50% interest (with an option to
increase to 100%) in a 10MW project located near Pontypool, Ontario,
Canada.
* Zorra Wind Park: 50% interest (with an option to increase to
100%) in a 10MW project located northwest of Woodstock, Ontario,
Canada.
* Clean Breeze Wind Park: 50% interest (with an option to increase
to 100%) in a 10MW project located in Ontario, Canada in the
Northumberland Hills.
* Whispering Woods Wind Park: 50% interest (with an option to
increase to 100%) in a 10MW project located near Millbrook, Ontario,
Canada.
Here is a link to
WWPW`s website where the full details of each
project are outlined.
WWPW has already put in place (with the Canadian government and local
utilities) power purchase contracts fixed at C$135.00/MWh over a
20-year term for many of the above projects. Using standard valuation
techniques for wind projects of the types that
WWPW is developing, the
company asserts that a 10MW project with the power purchase contract
attached could be valued in the area of $30 million!
WWPW has over 385 MW under development! Do the math yourselves, but it
appears that
WWPW is sitting on some very valuable properties.
As if the above is not enough!
In the last week,
WWPW has inked two more projects. Here are the
headlines:
*
WWPW Signs Option to Acquire 100% Interest in Wind Energy
Project in Belgium
*
WWPW to acquire 50MW wind energy project in Hungary
You can access the press releases on Yahoo! Finance by clicking Here.
WWPW is going global!
WWPW even has a great chart, too
WWPW has a lot of work to do to realize the potential in the projects
that they have laid out for their shareholders. I, for one, am
impressed by their ambition, their knowledge and the quality and
experience of senior management.
I look at the chart above and the projects that
WWPW has under its
belt, and I really think we are setting up for a MAJOR RALLY in the
near-term for this one. There is just too much in its favor right
now. Pardon the bad pun, but the "wind is at their back" at the
moment.
I think all of us are going to enjoy a sweet ride with this one.
The chart setup is very attractive, too as you can see. So, do your
due diligence, check out their site and get this one on your radar
ASAP!
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