Vancouver, British Columbia-based Western Wind Energy Corp. is posting a $2.4 million development fee in favor of Southern California Edison as insurance that Western Wind will complete the construction of the 120 MW Windstar project, located in Tehachapi, Calif.
The company anticipates, under advice from its turbine vendor, and engineering procurement and construction team, that construction will begin in August and commercial operations will start in March 2011.
SOURCE: Western Wind Energy Corp.