Juhl Wind Inc., an established leader in community-based wind power development and management, specializing on wind farm projects throughout the United States and Canada, recently announced that the company has secured a 20-year, 19.8 MW power purchase agreement between Adams Wind Generations, LLC and Xcel Energy. Located in Meeker County in West Central Minnesota, the Adams Wind Generations project will utilize 12 large wind turbines at an estimated cost of approximately $46 million.
Juhl Wind Inc. has been assisting local owners with the project development since the spring of 2008 and also spearheaded the team to win a competitive request-for-proposal issued by Xcel Energy. Serving as the project’s developer and contractor, Juhl is forecasting that the Adams Wind Farm will commence initial operations in the fourth quarter of 2010.
Dan Juhl, CEO of Juhl Wind, Inc., stated, “The establishment of the Adams Wind Farm project continues to reinforce our belief that there exists strong demand in the market for Community Wind farms.” He continued, “Our business model makes sense for all parties involved, from providing the local utilities with renewable, clean energy resources, to providing local employment opportunities and additional ‘cash crop’ revenue for the land owners.”
Mr. Juhl concluded, “We want our friends in rural America to know that they don’t have to turn their land over to large wind developers. Instead, they can work with us and own their own wind farm and keep a much larger share of the economic benefits for themselves and their neighbors.”
About QualityStocks:
QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.
Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net
The Quality Stocks Daily Stock Report http://video.qualitystocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net
Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment