Showing posts with label Wind Stocks; Juhl Wind. Show all posts
Showing posts with label Wind Stocks; Juhl Wind. Show all posts

Wednesday, August 18, 2010

Wind Stocks ;

Wind Stocks; Juhl Wind, Inc. (OTCBB:JUHL) Announces New $10 Million Community Wind Farm for Gundersen Lutheran Hospital



( Clean energy stocks blog )  Juhl Wind Inc. (OTCBB:JUHL), the Leader in Community Wind Power, today announced the recent execution of a $10 Million wind project Development Agreement with GL Wind – a wind farm LLC formed by Gundersen Lutheran Hospital. Gundersen Lutheran Hospital is a leading teaching hospital consistently named among the top 100 in the nation, based in La Crosse, Wisconsin and serves patients located throughout western Wisconsin, northeast Iowa and southeastern Minnesota. The 5 MW-sized GL Wind, LLC project will be a community-owned and operated, wind-turbine electrical energy generation facility with an estimated cost of approximately $10 million.


The GL Wind project will be located in Southeast Minnesota and will consist of a locally controlled LLC made up of Gundersen Lutheran Hospital headquartered in La Crosse Wisconsin and an equity partner. Juhl Wind Inc. has been assisting Gundersen Lutheran in the development of the project since the Fall of 2009 and will now provide full-scale, development and construction oversight services for the project. Juhl is forecasting that the GL Wind Farm is planned to begin construction in the 4th quarter of 2010 and should be completed in 2011. The project will be funded by the GL Wind LLC.



"We are excited to move forward with Gundersen Lutheran Hospital on this Community Wind project," stated Dan Juhl, CEO of Juhl Wind. "This project is led by a leading institution, Gundersen Lutheran, in the La Crosse, Wisconsin region and is representative of other projects we see on the horizon for our business. When an institution like Gundersen Lutheran makes a commitment to clean energy and to lead the development of a community wind farm, it makes it so much easier to get a project financed and built. Yet again, this project is very representative of a new model for our small-to-medium sized wind farm business."



About Juhl Wind Inc.: Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms. To date, the Company has completed 16 wind farm projects and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction management and system operations and maintenance. With its acquisition of Next Generation Power Systems ("NextGen'), Juhl Wind now provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Woodstock, Minnesota and is traded on the OTCBB under the symbol JUHL.OB. Additional information is available at the Company's website at www.juhlwind.com or by calling 877-584-5946 (or 877-JUHLWIN).



FORWARD LOOKING STATEMENTS: This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind's actual results, performance, prospects or opportunities in the remainder of 2010 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements and specifically those statements referring to new projects like the GL Wind project mentioned herein. New projects are subject to large, third party risks that may not be in control of Juhl Wind including the availability of project equity, debt financing and wind turbines and risks associated with project timing. These risks are referenced in Juhl Wind's current 10K or as may be described from time to time in Juhl Wind's subsequent SEC filings; and such factors as incorporated by reference.



For more information contact:



Hanover Financial Services

Contact: Ronald Blekicki

Phone: 303-494-3617

Email: info@hanoverfinancialservices.com


HANOVER FINANCIAL SERVICES DISCLAIMER: DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND IN THIS PUBLICATION. We are not registered as a securities broker-dealer of an investment advisor either with the US Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. The information contained in our publications should be viewed as commercial advertisement and is not intended to be investment advice. This publication is not provided to any particular individual with a view toward their investment circumstances. The information contained in our publications are not to be considered an offer to buy or sell securities. We distribute opinions, comments and information free of charge to individuals who wish to receive them. Our advertisements and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies profiles based solely on information contained in our publications. Individuals should assume that all information contained in these publications about profiled companies is not trust worthy unless verified by their own independent research. Any individual who chooses to invest in any securities should do so with caution. Investing in securities is speculative and carries a high degree of risk; you may lose some of all of the money that is invested. Always research your own investments and consult with a registered investment advisor or licensed stock broker before investing. This publication is a service of Hanover Financial Services, a marketing, consulting and advertising firm that has been paid five thousand dollars by Juhl Wind, Inc. to provide consulting services to JUHL for the month of August 2010. All direct and third party compensation received will be disclosed within each individual alert in accordance with section 17(b) of the Securities Act of 1933. Any compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled companies. Hanoverfinancialservices.com and /or its affiliated may buy, hold, and sell securities in the companies profiled. We reserve the right to buy or sell the shares of any of the companies mentioned in any materials we produce at any time.
 
 



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