Inactive Instrument

Windlab Limited

Equities

WND

AU000000WND4

Windlab Plans to Sell Colorado Assets

December 18, 2019 at 05:52 am

Windlab Limited (ASX:WND) plans to exit north American market. Board has approved this recommendation and actions are underway to close company's us office by year end. One of initial recommendations of strategic review was to withdraw from North American market. Continues to own two development assets in Colorado, will call for expressions of interest for its sale.

Latest news about Windlab Limited

Windlab Plans 1.4 GW Bungaban Wind Energy Project	02-20	CI
Rio Tinto Signs Power Purchase Agreement to Supply Its Gladstone Operations in Queensland and Agrees to Buy Majority of Electricity from Windlab?s Planned 1.4 GW Bungaban Wind Energy Project	02-20	CI
Seriti Green Proprietary Limited, Standard Bank Fleet Management Limited and Rand Merchant Bank agreed to acquire 75% stakes in Windlab Africa Pty Ltd from Windlab Limited.	14/08/22	CI
Federation Asset Management Pty Ltd and Squadron Wind Energy Development Pty Ltd completed the acquisition of remaining 81.3% stake in Windlab Limited from Federation Asset Management Pty Ltd, Lend Lease Ventures Pty Ltd. Rhodium Capital Pty Limited, Jencay Capital Pty Ltd, Moelis Australia Asset Management Ltd and others.	25/06/20	CI
Transcript : Windlab Limited - Shareholder/Analyst Call	05/06/20
Transcript : Windlab Limited, 2019 Earnings Call, Mar 06, 2020	05/03/20
Windlab Limited Reports Earnings Results for the Full Year Ended December 31, 2019	28/02/20	CI
Federation Asset Management Pty Ltd and Squadron Wind Energy Development Pty Ltd made a non-binding and indicative proposal to acquire the remaining 81.3% stake in Windlab Limited from Federation Asset Management Pty Ltd, Lend Lease Ventures Pty Ltd. Rhodium Capital Pty Limited, Jencay Capital Pty Ltd, Moelis Australia Asset Management Ltd and others for AUD 55.5 million.	19/01/20	CI
Windlab Plans to Sell Colorado Assets	18/12/19	CI
Windlab Limited Announces Closure of US Office	18/12/19	CI
Federation Asset Management Pty Ltd acquired 18.43% stake in Windlab Limited from Innovation Capital Fund II, L.P. managed by Innovation Capital for AUD 10 million.	23/09/19	CI
Windlab Seeks To Review Strategic options	02/09/19	CI
Windlab Systems Pty Limited Reports Earnings Results for the Half Year Ended June 30, 2019	28/08/19	CI
2,049,724 Ordinary Shares of Windlab Limited are subject to a Lock-Up Agreement Ending on 25-AUG-2019.	24/08/19	CI
932 Warrants of Windlab Limited are subject to a Lock-Up Agreement Ending on 25-AUG-2019.	24/08/19	CI
3,065,000 Options of Windlab Limited are subject to a Lock-Up Agreement Ending on 25-AUG-2019.	24/08/19	CI
Windlab Limited Announces the retirement of John Cooper as Director of the Company	12/04/19	CI
Windlab Limited Reports Earnings Results for the Full Year Ended December 31, 2018	28/02/19	CI
Swift Current Energy completed the acquisition of Greenwich Wind Park of Windlab Limited from Windlab Limited.	30/08/18	CI
32,877,472 Ordinary Shares of Windlab Limited are subject to a Lock-Up Agreement Ending on 25-AUG-2018.	24/08/18	CI
1,068,424 Warrants of Windlab Limited are subject to a Lock-Up Agreement Ending on 25-AUG-2018.	24/08/18	CI
Swift Current Energy executed a share sale agreement to acquire Greenwich Wind Park from Windlab Limited for $5.1 million.	23/08/18	CI
Windlab Limited Announces Consolidated Earnings Results for the Six Months Ended June 30, 2018; provides revenue guidance for the second half of 2018	21/08/18	CI
Windlab Limited Achieves First Ever Environmental Approval for A Wind Farm in Tanzania	12/06/18	CI
Windlab Executes Connection Agreement for Lakeland Wind Farm	10/04/18	CI

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Company Profile

Windlab Limited is an Australia-based renewable energy development company. The Company is engaged in developing, constructing and operating wind energy projects around the world. Its portfolio of wind farm development sites totals to approximately 7,406 megawatts (MW) of potential capacity across North America, Australia, New Zealand and Southern Africa. Its development portfolio consists of approximately 48 projects. Its Australian projects include Coopers Gap Wind Farm, Kennedy Energy Park, Kiata Wind Farm, Oaklands Hill Wind Farm, Coonooer Bridge Wind Farm and Collgar Wind Farm. Its project in Canada is Bull Creek. Its projects in South Africa include Msenge Emoyeni, Ishwati Emoyeni, West Coast One and Amakhala Emoyeni. Its projects in the United States include Verdigre and Greenwich Wind Park.

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