2009-12-09 13:53 ET - News Release
Mr. Jeffrey Ciachurski reports
SHARE PRICE ACTIVITY UPDATE
Western Wind Energy Corp. has confirmed to its shareholders and the investing public the reasons behind the increase in both the volume and price of the common shares of Western Wind Energy.
On Dec. 4, 2009, Western Wind became aware that Pacific Gas and Electric, one of the largest investor-owned utilities in the United States, is seeking to purchase and complete a 246-megawatt development wind project in Tehachapi, Cali., for $900-million (U.S.). This public news release was posted at the Pacific Gas's website on Dec. 3.
As well, on Dec. 4, 2009, the investment banking firm of Loewen, Ondaatje McCutcheon of Toronto prepared a share valuation update on Western Wind based around the Pacific Gas acquisition of the wind park in Tehachapi. This report can be viewed through Loewen at its website or by contacting Lawrence Casse.
On Dec. 4, 2009, Jeff Siegel, a prominent renewable energy analyst in the U.S., appeared on the national television show Fox Business Network, which is broadcast around the entire U.S., stating that Western Wind was his No. 1 choice in the wind energy sector.
We seek Safe Harbor.