Western Wind Power Completes Project Merger

[RenewableEnergyAccess.com] Western Wind Energy has completed a Plan of Merger with PAMC Management Corporation (PAMC), AltaMesa Energy LLC, Mesa Wind Developers, Enron Wind Systems LLC, Zond PanAero Windsystem Partners I, and Zond-PanAero Windsystem Partners II, and Mesa Wind Power Corporation (Mesa Wind) regarding the acquisition of certain assets and rights relating to two wind farms located in Riverside County, California. The acquisition comprises certain independently owned assets including Rights of Way from the Bureau of Land Management, a power purchase agreement with Southern California Edison (SCE), rights under an Interconnection Facilities Agreement with SCE, roads, substations, other infrastructure, 460 – V-15 Vestas wind turbines as well as all of the outstanding shares of PAMC Management Corporation (collectively, the “Mesa Wind Project”). In addition, Mesa Wind will merge with PAMC, with PAMC being the surviving corporation. Mesa Wind has been incorporated by Western Wind Energy, as a wholly owned subsidiary, in order to facilitate the merger with PAMC.
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