NACEL Energy Updates APS Bid
2010年4月26日 - 9:01PM
NACEL Energy Corporation (OTCBB:NCEN) (Frankfurt:4FC) today
confirmed a preliminary decision from Arizona Public Service Co.
(APS) is expected to be announced June 4, 2010, regarding the
utility's recent request for proposals for the delivery of utility
scale wind power.
NACEL Energy, together with the assistance of a tier-one wind
turbine manufacturer, submitted a bid to APS for the supply of 19.5
megawatts of clean, renewable wind energy to be sourced from the
Company's Snowflake wind project located in Navajo County, Arizona
(see NACEL Energy's press release and 8-K filing of April 15,
2010).
On January 27, 2010, APS issued a formal call for new wind power
generated from projects of between 15 and 100 megawatts, located
entirely within the borders of Arizona. Successful bidders will
contract with APS under long term power purchase contracts and/or
turn-key build and transfer arrangements.
About NACEL Energy Corporation (OTCBB: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 on its latest
Snowflake project in Arizona in addition to Leila Lake, Hedley
Pointe, Swisher, Channing Flats and Blue Creek, all located in the
Texas Panhandle. NACEL Energy anticipates generating an
aggregate 130 megawatts, or more, of new wind power upon their
completion. NACEL Energy was founded in 2006 and successfully
completed its IPO in December of 2007.
Read all NACEL Energy news releases at
http://www.nacelenergy.com/news/archive.html
NACEL Energy
The WIND POWER COMPANY™
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 and
its Quarterly Report on Form 10-Q for the quarter ended December
31, 2009, for meaningful cautionary language disclosing why actual
results may vary materially from those anticipated by
management.
CONTACT: NACEL Energy Corporation
Shareholder Services
1-888-242-5848
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