in News Departments > Projects & Contracts
print the content item

Western Wind Energy has completed the purchase of the Mesa Wind Project outside Palm Springs, Calif., for approximately $13.4 million. The transaction was a complicated merger that included most of the assets of PAMC Management Corp., AltaMesa Energy LLC, Mesa Wind Developers, Enron Wind Systems LLC, Zond-PanAero Windsystem Partners I and II and Mesa Wind Power Corp. The entire asset package will be incorporated by Western Wind Energy as a wholly owned subsidiary.

The Mesa Project has a 22-year continuous operating history with an historical average yearly production of 75 billion watt-hours. The site is currently powered by 460 V-15 Vestas wind turbines. Western Wind expects the output to improve significantly once the company repowers the facility.

Western Wind was joined in the transaction by Pacific Hydro Pty Limited, which provided a short-term loan to Western Wind to facilitate the acquisition.


Trachte Inc._id1770
Latest Top Stories

Canadian Wind Industry Urges For More Federal Support

The Canadian Wind Energy Association says the country's federal government, once a big industry supporter, should again back wind power.


Wind And Solar Helped California Grid During Challenging Summer

According to the California Independent System Operator, the state suffered from heat waves and drought this year, and wind power played a "significant role" in keeping the lights on.


Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.

Renewable NRG_id1934
Hybrid Energy Innovations 2015
Canwea_id1984
BG 2015DblBox_id2032