Welwind Energy International Corp.(fka WWEI)

[jcnz63]

It reads like a supplier agreement but it also mentions financing. I'm not sure if Inge is associated with Engga or if this is an agreement to supply the additional turbines that WWEI will need to complete their projects above what Engga can produce. As far as the financing is concerned, the article gave me the impression that the supplier would be fronting the units and payment will be made later on the condition that WWEI can produce the DD that lead to the governmental approval of the PPA in the first place. Still doesn't address the possibility of changing sites, although this could be a sign that the company won't need to. I think the tax ID registration is interesting as well. Don't know if this is something that is done when the company expects to start generating revenue or if its just one more piece of the bureaucratic puzzle and of no real significance. I think we can assume that this info means the project is at least making progress. Anyone else with analysis?