InvestorsHub Logo
Followers 21
Posts 1917
Boards Moderated 1
Alias Born 02/20/2007

Re: Shavasana post# 14531

Tuesday, 06/18/2013 1:46:18 PM

Tuesday, June 18, 2013 1:46:18 PM

Post# of 36237
Their website say the wind farm will be built and operational by end of 2014. Please read this page: http://www.v3rsant.com/versant-aboutus.html and I particularly like this part where it mentions the word FIRST. This $30 million PPA with a government electrical utility will surely make STLK a serious player in the energy field with more phases to come in the near future.

Versant's anticipated first phase wind development project is on farmland based in Guanacaste, Costa Rica. Versant has secured the wind rights to 5,300 hectares. The first stage will use just under 300 hectares (around 700 acres).


The Company hopes to accomplish all the necessary work to have the site be operational by the end of 2014 and expects to install a 37.5 MW power facility. Based on its wind studies and current data, this facility is expected to generate an estimated 137.5 million kWh annually. This would be enough energy to provide electricity to approximately 15,000 homes.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.