VANCOUVER, Oct. 5, 2012 /Finavera Wind Energy Inc. ('Finavera Wind Energy' or the 'Company') (TSX-V: FVR)
Finavera has expanded its discussions with four potential bidders for the Company. These discussions are at an advanced stage and initial offers are expected shortly.
In addition, there are a number of new entrants who have signed Non-Disclosure Agreements and are currently reviewing data in the Company's data room and conducting initial due diligence....
Jason Bak, CEO
Fiore says the days of Finavera posting a zero to its topline are nearing an end. He expects Tumbler Ridge will contribute more than $13 million in EBITDA in its first year alone. And, he points out, the Wildmare project should receive its environmental assessment certificate from the B.C. Environmental Assessment Office in May.