Time to Power-UP with WWPW

{ Posted on Nov 19 2009 by Jeffrey Dean }
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Categories : All, investorsoup

Did 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-235

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!

This entry was posted on Thursday, November 19th, 2009 at 10:12 am and is filed under All, investorsoup. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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