Hi, Yes this cable will do fine!
I soldered red + black from the sata power-cable to the solder points of my wbquad power-plug and bound it with some hot glue . ;) not the prettiest solution , but with this i need only one Psu,and one power plug at the outside of my self build case.
I have no issues until now with this, and with hdparm enabled the hdd spins happily up or down as i need it for my wbquad running 24/7.
Regards, Martin