NACEL Energy Announces Leila Lakes - Company's Fifth Texas Wind Power Project
2009年7月1日 - 10:42PM
PRニュース・ワイアー (英語)
DENVER, July 1 /PRNewswire-FirstCall/ -- NACEL Energy Corporation
(OTC Bulletin Board: NCEN) (FRANKFURT: "4FC") ("NACEL Energy"), a
wind power company in business to generate clean, renewable energy,
today confirmed it has entered into four long term wind development
rights agreements covering 1025 acres in Donley County, Texas.
Leila Lakes is the Company's fifth Texas wind energy project. At
project build-out, NACEL Energy anticipates 20 MW, or more, of
power generation from Leila Lakes. Leila Lakes is located within
electrical proximity to NACEL Energy's 10 MW Hedley Pointe wind
energy project, announced February 2nd 2009, affording additional
flexibility with respect to interconnection and turbine siting. All
five of NACEL Energy's Texas wind projects are located in the
Panhandle. According to the Texas State Energy Conservation Office
(SECO), the Panhandle contains the State's "greatest expanse of
high quality winds." (Source: SECO website, "The Energy Report
2008" Chapter 11 (Wind Energy), Exhibit 11-9) Collection of site
specific wind data will begin soon with the installation of a 60
meter (200 ft.) NRG Systems meteorological tower transmitting data
back to NACEL Energy, via an Iridium satellite uplink. While wind
data is collected, additional important development milestones
including without limitation, interconnection engineering, turbine
engineering and obtaining turbine debt financing, must be completed
by the Company. Accordingly, NACEL Energy cautions that project
commissioning (operations) at Leila Lakes is not expected until
fiscal 2010-11, or later depending upon future events. NACEL Energy
Chief Executive Officer, Brian Lavery, stated: "Leila Lakes is our
fifth wind power project. We anticipate generating a total of 100
MW of clean, renewable power upon build-out of our five Texas
Panhandle projects - enough energy to meet the daily requirements
of an estimated 30,000 average American homes." About NACEL Energy
Corporation (OTC BB: NCEN) NACEL Energy is one of the first
publicly-traded companies in America exclusively developing clean,
renewable, utility scale wind power. NACEL Energy has commenced
work at its Leila Lakes, Hedley Pointe, Swisher, Channing Flats and
Blue Creek projects, all located in the Texas Panhandle, and
currently anticipates 100 MW, or more, of new wind power upon their
completion. In addition, the Company is currently assessing the
feasibility of three new project opportunities in Arizona, Kansas
and Illinois. NACEL Energy was founded in 2006 and successfully
completed its IPO in December of 2007. For more information visit
our website http://www.nacelenergy.com/. NACEL Energy The WIND
POWER COMPANY (TM) Notice regarding Forward-Looking Statements
Statements in this press release relating to NACEL Energy's plans,
strategies, economic performance and trends, projections of results
of specific activities, and other statements that are not
descriptions or historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Forward-looking information
is subject to risks and uncertainties, and actual results could
differ materially from those currently anticipated due to a number
of factors, which include, but are not limited to, risk factors
inherent in NACEL Energy's business. Forward-looking statements may
be identified by words such as "should," "may," "will,"
"anticipate," "expect," "estimate," "intend" or "continue," or
comparable words or phrases. This press release cautions that NACEL
Energy must undertake and complete many steps in the development
model before the generation of wind energy can commence. Among the
numerous items which have to be completed in this regard include,
without limitation, obtaining pertinent agreements and permits,
construction of project facilities, satisfying financial
requirements and other burdens. Interested persons are encouraged
to read the SEC reports of NACEL Energy, particularly its Annual
Report on Form 10-K for the fiscal year ended March 31, 2009, for
meaningful cautionary language disclosing why actual results may
vary materially from those anticipated by management. DATASOURCE:
NACEL Energy Corporation CONTACT: NACEL Energy Investor Services,
1-888-242-5848 Web Site: http://www.nacelenergy.com/
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