$10 Million.Wind Works co-owns a minority stake in the wind farm in partnership with the municipal utility consortium.
"We are pleased that now 6 projects have achieved commercial operation this year alone. Wind Works now co-owns and operates 13MW including our 4.6 MW Zero Emission People windfarm no. 1." comments Dr. Ingo Stuckmann, Wind Works President and CEO.
About Wind Works * Zero Emission People Wind Works now operates 13 megawatts MW in Germany, in which it has an approx. 50 ownership stake. In addition, Wind Works is developing Feed-in Tariff contracted projects in Ontario with Capstone Infrastructure an affiliate of Macquarie Infrastructure, plus an additional 10 MW on its own 77 MW of near-term permitted projects in Germany and a project pipeline in the United States.
Wind Works is a certified Zero Emission Company. 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 10 tons each year for Germany, it only takes a modern windmill 1 day by producing approx. 20,000 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 progress, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.