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Finavera Renewables 595 Burrard Street, Suite 3113 49071 Vancouver, Canada http://www.finavera.com
Contact Myke Clark +1 604-288-9051
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Finavera Renewables

Finavera Renewables signs an exclusive MOU to acquire a 20 megawatt wind farm in Germany

(PresseBox) (Vancouver, )
Finavera Renewables Inc. (‘Finavera Renewables’ or the ‘Company’) (TSX-V: FVR) has signed an exclusive Memorandum of Understanding (MOU) to acquire a 20 megawatt wind farm in Germany (the “Project’), subject to completion of a final purchase and sale agreement and due diligence. The Project is currently under construction and is expected to reach commercial operation in December 2007.

The Company has retained the legal services of Watson Farley Williams’ Hamburg office in order to carry out detailed due diligence. Following this work, the Company expects to be in a position to proceed with the transaction and release the final details.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.