An offshore wind farm stands in the water near the Danish island of Samso. Ontario’s chief medical officer of health, Dr. Arlene King, concluded in a report last year that wind turbines cause no adverse health effects.Bob Strong /Reuters
Preliminary results are in from the contested shareholder meeting at Western Wind Energy Corp., and it looks like the management slate won the day over the dissident.
Almost three-quarters of proxies were cast in favour of management, which has been battling upset shareholder Savitr Capital for control of the wind-power developer.
Both sides had laid out plans to sell the company. Savitr's argument was that management had missed past chances to sell the company. Management's argument was that the existing executives and board were already in sale mode, and best placed to get the best price.