Wind Works Power acquires Hungarian wind project Ecsed

Wind Works Power has signed an option agreement to acquire a 100 per cent interest in 50MW wind energy project Ecsed, located in Hungary. In consideration for the 100 per cent interest, Wind Works will make an initial cash payment of $125,000 on 15 January 2010 and a further cash payment of $375,000 on 15 March 2010.