March 4 (Reuters) - Windlab Ltd WND.AX :
* ENTERED INTO BINDING SCHEME IMPLEMENTATION AGREEMENT WITH WIND ACQUISITION 1 PTY LTD AND SQUADRON WIND ENERGY DEVELOPMENT PTY LTD
* UNDER DEAL, CONSORTIUM WILL ACQUIRE 100% OF OUTSTANDING ORDINARY SHARES IN WINDLAB
* TO BORROW UP TO A$20 MILLION