Wind Works Power Corp.
Severely Undervalued, trading at 1/2 of current annualized Earnings per Share (EPS)
In fact, WWPW’s recent quarter booked over $2 Million in net profits and and annualized EPS of $0.14 – this definitely makes its current price of $0.07 significantly undervalued – check it out here!
“WWPW recently announced a $200 Million dollar project that will increase bottom line profits significantly”
When we first alerted Windworks Power a few months back we told our members this is a solid long term play that can see HUGE potential gains. We were monitoring the developments over the last few months and we believe WWPW is primed for a MAJOR breakout that will be fueled by significant updates.
Recent trading activity suggest that WWPW is primed for a major move with significant support between the $0.06-$0.07 price level. Additionally, L2 (stocks available at certain prices levels) shows WWPW offers (investors willing to sell) very thin and with trigger breakout news on the horizon, prices can jump several fold quickly.
Not to mention, the company recently completed an above market financing further showing just how undervalued current price levels are.
CAN WINDWORKS POWER (WWPW) REACH BACK TOWARDS HISTORIC HIGHS OF $0.51?
We are also impressed how WWPW has been holding solid with over 100% gains since our initial alert and investors can definitely see the large support base the price chart has built.
Investors who study charts can also see a significant flag formation a technically very bullish indicator.
We have not seen such a predominate “flag” formation since our MONSTER play EKNL just before a major bullish rally that took stock prices from $0.04 to $0.80 booking 1,900% gains for our members.
A Flag (Bullish) follows a steep, or nearly vertical rise in price, and consists of two parallel trendlines that form a rectangular flag shape.
If history repeats, we can see WWPW price move in a hurry here towards long term price range of $0.25 to $0.51!
WIND POWER – A $250 Billion dollar Market!
Ingo Stuckmann, Ph.D., CEO, President and Director
Dr. Stuckmann received a Ph.D. in Natural Sciences from the University of Heidelberg and conducted research at Harvard thereafter. In 2002, Ingo joined Energy Farming International, a wind farm financing and construction company based in Germany. During his 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. With currently more than 80 employees, SeeBa Energy Farming Group www.seebaenergyfarming.de is involved in the planning and developing of more than 900 wind turbines with an accumulated capacity of more than 1300 MW around the world. Approximately 30% of these wind turbines are mounted on SeeBa-lattice towers, the majority with hub-heights of more than 100m. In 2008, Ingo co-founded Zero Emission People LLC for wind energy development in North America.
J.C. Pennie, Chairman of the Board of Directors
Mr. Pennie is a pioneer in the wind energy industry in Ontario, Canada. He has successfully developed six wind energy projects representing $360 million in power contracts that have been sold into joint ventures with international firms such as Energy Faming International of Germany and Schneider Power of Toronto. Mr. Pennie is on the IESO (Independent Electrical System Operators) renewable energy standing committee. The IESO is responsible for coordination of generation and transmission with electricity demand. Mr. Pennie is also Vice-Chairman of DareArts Foundation for Children, founded in 1994 using multi-cultural arts education programs for children at risk. DareArts has reached over 110,000 children in Canada. www.DareArts.com
Thomas Tschiesche, Ph.D., Director
Dr. Tschiesche received a Master of Science in Mechanical Engineering from the University of Washington, Seattle and a Ph.D. from the University of Duisburg. Thomas served over 5 years as general manager at Nordex, one of the world's leading wind turbine manufacturers. Over 100 wind farm projects were realized under his management - in locales as varied as Pennsylvania, California, Germany, Spain, Greece, Turkey, Egypt, and China with Nordex annually doubling its turnover year after year culminating in the IPO in 2001. In 2002 serving as its CEO, Thomas co-founded Energy Farming International, a company for wind farm financing and construction that grew to $100 Million USD in revenue over six years. Energy Farming International merged with Seeba Energy Farming Group in 2007 where he also serves as a Principal of the merged entity. In 2008, Thomas co-founded Zero Emission People LLC for wind energy development in North America.
Greg Wilson, Director
Mr. Wilson is a financier and corporate strategist. In 1997, he founded EMT Capital Corp., a financial advisory firm that has worked on a number of successful capital market transactions, including M&As, IPOs, RTOs and private equity financings. In 2005, Greg was part of the group that founded Paramount Gold & Silver Corp., a precious metals exploration company that trades on the NYSE and TSX. In addition to Wind Works, Greg also serves on the Board of Directors of a public mining company. Greg has completed the Canadian Investment Management (CIM) program, and has earned the Fellow of the Canadian Securities Institute (FCSI) designation.
Cam Birge, Chief Financial Officer
Mr. Birge served on the Advisory Board and as Vice President of Operations of the Trust for Sustainable Development which has been engaged in the business of planning and creating sustainable buildings and towns involving alternative energy since 1994. Cam has also served as President and Director of two public mining companies and is a partner in a Honda car dealership. Cam was an Associate Professor at United States International University (Mexico City campus) and was twice elected to serve on the Academic Counsel as the Head of the Graduate Business studies. He is a consultant to public and private companies doing business in Canada, the United States and Mexico
Well-designed, efficient large-scale wind farms benefit from several economies of scale. It's become cliché to say that North Americans are addicted to oil. It's an expensive habit, too. The upshot, however, has been the explosion of interest in renewable energy sources. Last year, investors poured a record $71 billion into the alternative energy space. And billions more funnel in every day. But with so many possibilities - hydropower, wind power, solar power, geothermal, biofuel, clean coal technology - investors are forced to pick which alternative energy source will distinguish itself as the most viable replacement for oil. That is, until you realize the shooter (in this case Wall Street) is rolling a pair of "loaded" dice. In recent months, heavy hitters like The Blackstone Group, General Electric and T. Boone Pickens have stealthily invested billions into a single renewable energy source. JP Morgan Chase revealed that it's holding a $1 billion stake in the very same investment. Even better, in the next five years, the governments in the United States, China and Europe will invest a minimum of $150 billion into the same alternative, according to CLSA Research. And, unlike oil, there's no possibility of it running out. So let's take a closer look at the odds-on favorite to win the alternative energy derby.
And the Winner is...
Wind. It's clean (wind power generates absolutely no greenhouse gases). It's renewable. And it involves no production decline curve. Hence, 30 years from now we won't be worrying about "Peak Wind" theories coming to fruition. It also can't be hoarded by power hungry cartels. In fact, enough of it exists to satisfy global demand seven times over, according to a Stanford University study. North Dakota alone has enough of it to meet 25% of U.S. demand. But perhaps most importantly, it's finally coming of age. Just consider:
- From 2000 to 2007, the size of the wind power industry increased fivefold. Last year, records were shattered with $36 billion in total global wind investments with the United States leading the way with $9 billion. In the next 10 years, the wind industry is expected to quadruple in size.
Hands down, wind is the fastest growing source of power. But can such growth continue? The Department of Energy and countless other studies and industry experts say it will. But are they being realistic? Absolutely - and here's why……
Opportunity in Canada
The Kyoto Accord signed by Canada requires that the Federal Government mandate reductions in greenhouse gas emissions to be below 1990 levels. Since 1990 Canada's C02 emissions have increased by 20%! Ontario's policy to close coal fired generating plants by 2015 replacing this power with wind will reduce C02 emissions into the atmosphere by 40%. The first closing occurred in Mississauga, June 2005
Canada, with its size and one of the best wind resources in the world has lagged behind until now. The Federal Government has expanded its ecoENERGY Grant of $0.01 / KWh of production to 4,000 MW. Ontario, who was behind Alberta, Saskatchewan and Quebec is catching up to offset being out of power at peak periods when it is forced to buy electricity at $0.14 to $0.22 per KWh from NY, Michigan and Quebec.
In October 2008, Canada's largest wind farm, the Melancthon Eco Power Centre near Shelburne, Ontario came on line with 133 turbines, and since that time 800 MW of projects have come on line and the Ontario Minister of Energy, Hon. George Smitherman, has directed the Ontario Power Authority to revise its business plan to procure MORE that the originally authorized 2,000 MW of renewable wind energy by 2015.
Canada only had 684 MW in operation in 2005. As of Dec 12, 2008 Canada has 1,770 MW of wind energy production, plus 2,000 MW in Quebec, 1,500 MW in Ontario, and 170 MW in British Columbia under construction.With a CanWEA goal of 10,000 MW by 2015, the industry will offset lost auto manufacturing jobs by employing 11,000 people.
PROJECTS Ganaraksa Wind Park: WWPC holds a 50% interest (with an option to increase to 100%) in the Ganaraska Project.
Projects Recently Awarded FIT Contracts in Ontario
Grey Highlands Wind Park: WWPC holds 100% interest in the Grey Highlands Project.
Snowy Ridge Wind Park: WWPC holds a 100% interest in the Snowy Ridge Project.
Settlers Landing Wind Park: WWPC holds a 100% interest in the Settlers Landing Project.
Cloudy Ridge Skyway 126 Wind Park: WWPC holds a 70% interest in a 10 MW project located in Grey Highlands, Ontario, Canada.
Clean Breeze Wind Park: WWPC holds a 50% interest (with an option to increase to 100%) in the Clean Breeze Wind Park Project.
Whispering Woods Wind Park: WWPC holds a 50% interest (with an option to increase to 100%) in the Whispering Woods Project.
Wind Works Power Corp. Acquires Interest in Producing Wind Farm in Germany
- October 28, 2013 - Wind Works Power Corp. Signs Power Purchase Agreement for 100 Megawatt Thunder Spirit Project in North Dakota
- October 17, 2013 - Wind Works Power Corp. Obtains Permits for its 150 Megawatt Thunder Spirit Project in North Dakota
- August 27, 2013 - Wind Works Power Corp. Closes Sale of 75% Interest in 50 MW of Ontario Projects to Renewable Energy Developers Inc., formerly Sprott Power Corp.
- March 28, 2013 - Wind Works Power Corp. Announces Acquisition of German Developer
- March 27, 2013 - Wind Works Power Corp. Announces Sale of additional Wind Turbines in Wind Park Burg Project in Germany
- March 26, 2013 - Wind Works Power Corp. Announces Sale of 2 Wind Turbines in Wind Park Burg II Project in Germany
- March 19, 2013 - Wind Works Power Corp. Announces Permits and Procurement of Enercon Wind Turbines for Wind Park Burg II in Germany
- December 11, 2012 - Wind Works Power Corp. Acquires Interest in Producing Wind Farm in Germany
- October 29, 2012 - Wind Works Power Corp. Signs Letter of Intent with Sprott Power Corp.
- September 24, 2012 - Wind Works Power Corp. Delivers its First Turnkey Wind Farm
- September 5, 2012 - Wind Works Power Corp. closes Sale of Half its Transmission Facility in Germany
- January 19, 2012 - Wind Works Power Corp. Closes Sale of Burg 1 German Project
- September 12, 2011 - Wind Works Power Corp. Enters Permitting Process for 150MW Project in North Dakota
- August 25, 2011 - Wind Works Power Corp. Signs Agreement with REpower Systems to Supply 25 Turbines for Canadian Wind Projects
Why Wind Works?
? 2.5% royalty on gross revenue
? Performance royalties
? Sale of interests in 20MW JV in pipeline: $ 1.5 BN once
Potential investment value of Germany power contracts are secured
? 190,000 Euro in revenue Near-term Revenue
? 4 MW Burg I German project - 2011 construction
? 6MW Burg II German project
? 30MW in Ontario with power contracts
? 110MW in Ontario - Phase 2 - currently in Economic Connection Testing
!!!!! BIG NEWS !!!!!
Wind Works Power Corp. Signs Power Purchase Agreement for 100 Megawatt Thunder Spirit Project in North Dakota
October 28, 2013
OTTAWA, ONTARIO October 28, 2013 ? Wind Works Power Corp. (OTC:WWPW - News), is pleased to announce it has executed a Power Purchase Agreement for its 100% owned Thunder Spirit Project, located in Hettinger, North Dakota.
The Power Purchase Agreement with Montana-Dakota Utilities Co. (MDU), headquartered in Bismarck, N.D., is for approximately 105 megawatts (MW) of installed capacity of wind turbine generators. The project will deliver clean, renewable energy to Montana-Dakota?s electric grid at their 230kV Hettinger Substation. The project is scheduled to reach commercial operation in the fourth quarter of 2015.
The Thunder Spirit Project was proposed to MDU?s March 25, 2013 Request for Proposal for Capacity and Energy Supply. The project was competitively selected and will provide MDU and its customers stable energy pricing for the 25- year term of the agreement. In addition to Montana-Dakota Utility Co.?s present renewable energy generation, adding Thunder Spirit means that 20% of MDU?s energy requirements can be supplied from renewable resources. The project represents a unique opportunity to enter into a long-term agreement to purchase renewable wind energy under the current tax incentive structure before the Federal Production Tax Credits expire.
“Wind Works Power is excited to have the opportunity to develop this project for MDU?s customers,” remarked Laurence Greene, Chief Development Officer of Wind Works. “Our team has been active in developing and building wind farms in North Dakota since 2002. By leveraging our resources and experience in North Dakota and adjacent states and Canadian Provinces, we will ensure the successful realization of the Thunder Spirit Project in a timely manner. We appreciate the attention to detail and the professionalism of the MDU energy procurement team in negotiating the power contract, and look forward to a long relationship with the Hettinger community as this project proceeds to commercial operation.”
The Thunder Spirit Project was initiated in 2006 by Global Winds Harvest. In 2011, Wind Works acquired a 75% equity interest in the project, and in 2013 exercised its option with Global Winds Harvest to acquire the remaining 25%. In February 2012, an Interconnection Agreement was signed for 150MW with the Midcontinent Independent System Operator`s (MISO) power market. On September 9, 2013 the project received its siting permit from Adams County; and one month later, on October 9, 2013, the North Dakota Public Services Commission issued a Certificate of Site Compatibility, thereby completing the environmental siting permits required. Interconnection engineering and procurement was initiated in October 2013.
“With permitting, interconnection and power contracting activities completed, we are now able to work to secure financing, enter into turbine equipment and construction services agreements, and commence construction,” comments Dr. Ingo Stuckmann, Wind Works' President and CEO.
owards that end, the project anticipates initiating construction activities prior to the close of 2013. The project will continue civil construction activities when on-site ground conditions permit in Spring 2014, with the erection and commissioning of the wind turbine generators scheduled for mid-2015. The project is expected to enter commercial operation by the fourth quarter of 2015.
About Wind Works * Zero Emission People
Wind Works now operates 4.6 megawatts in Germany, in which it has a 49% ownership stake. In addition, Wind Works is developing 77 megawatts of near-term permitted projects in Germany; 50 megawatts of FIT contracted projects in Ontario with Capstone Infrastructures, plus an additional 20 megawatts on its own; and 425 megawatts of projects in the United States.
Our mission is to provide the opportunity for people to participate in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for our shareholders and our planet. To eliminate one person`s carbon footprint of 20 tons each year (for the US), it only takes a modern windmill 2 days by producing approx. 40,000 kilowatt hours of zero emission energy. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the company's control, inability to successfully conclude negotiations currently in progres