On October 1st, following the failed sale of Finavera Wind Energy's (TSX-V:FVR, OTC:FNVRF) 77 MW Wildmare Wind Energy Project to Innergex Renewable Energy Inc (TSX:INE, OTC: INGXF), Finavera announced that it was in talks with three potential bidders and would review all offers for the company. Finavera did not have much choice in the matter: the proceeds of the Wildmare sale had been needed to repay an overdue note to GE.
URL: http://www.renewableenergyworld.com/rea/news/article/2013/01/valuing-finaveras-wind-energy-deal-with-pattern-reveals-buying-opportunity?cmpid=rss
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