COQUITLAM, BC,
In a related matter, Western Wind Energy Corporation has executed a banking engagement with Norddeutsche Landesbank, New York Branch for a long-term debt facility to repay the short-term Mesa Acquisition Loan payable to Pacific Hydro Pty. Limited.
The repayment of the short-term Mesa Acquisition Loan will have a
substantial benefit to the balance sheet of Western Wind Energy Corporation.
Firstly, the loan is reduced by US
Western Wind Energy is the largest producing pure wind energy, publicly
traded company (non-income trust) in
Western Wind Energy currently produces clean renewable electrical energy
from over 500 wind turbine generators located in Tehachapi (Windridge) and San
Gorgonio Pass (Palm Springs), California. Western Wind Energy's annualized
energy output is approximately 75 billion watt hours per year. During the past
two years, Western Wind Energy has executed or acquired over
Western Wind Energy is in the business of acquiring exceptional land sites, capital and technology for the production of electricity from wind energy. Western Wind Energy conducts its operations through its wholly owned subsidiaries in Arizona and California. Management of Western Wind Energy includes individuals involved in the operations and ownership of utility scale wind energy operations in California since 1981.
ON BEHALF OF THE BOARD OF DIRECTORS
'SIGNED'
Jeffrey J. Ciachurski
Chief Executive Officer
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
Certain statements included herein are 'forward-looking statements' as defined by the Private Securities Litigation Reform Act of 1995. Management cautions that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statement. Important factors that could cause the actual results of operations or financial condition of the Company to differ include, but are not necessarily limited to, the risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission.
CONTACT: Western Wind Energy Corp., 632 Foster Avenue, Coquitlam, BC, V3J 2L7, Telephone: (604) 839-4192, Facsimile: (604) 939-1292, www.westernwindenergy.com
SOURCE Western Wind Energy

