Wind Energy (TSXV.WND) Confirms Plans – Casse Confirms Rating and $5.20 Price Target
Posted on March 08, 2010 at 16:59 PM EST
March 8, 2010 ndash; Analyst Comments ndash; LOMrsquo;s Lawrence Casse reiterated his BUY recommendation on Western Wind (TSXV:WND) this morning, and a 12-month price target of $5.20, Key Takeaways: middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Reconfirmed 30MW re-powering phase of Mesa project middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; 11MW Steel Park expected to commence construction this year, with commercial power beginning in first half of 2011 middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Believes all PPA for 161MW in total projects will exceed $105/MWh, with eligibility for 30% cash grant from DOE, yielding net free cash flows in excess of $16.5 million for the first three years
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here