WindPower Innovations, Inc. (OTCPK:WPNV) entered into definitive agreement to acquire RIG Construction, Inc. $0.05 million in stock on March 27, 2013. WindPower will issue 10 million of its newly issued common shares in exchange for all of the issued and outstanding shares of RIG Construction, Inc. For the period ending 2012, RIG Construction reported revenue of over $6 million. Closing is anticipated to occur in less than 30 days as all of the due diligence WindPower required has already been completed. Belmont Acquisitions, LLC acted as financial advisor in the transaction.

WindPower Innovations, Inc. (OTCPK:WPNV) completed the acquisition of RIG Construction, Inc. on April 19, 2013. R.I.G. Construction will be doing business as a wholly owned subsidiary of WindPower Innovations. Larry Duffy and Steven Vollaro will continue as the controlling officers of R.I.G.