Pipestone, MN - October 29, 2012 (Investorideas.com renewable energy newswire) Juhl Wind, Inc. (
OTCBB: JUHL),
the Leader in Community Wind Power is pleased to announce that on
Monday, October 29 th at 2:00 PM, the Obama Campaign will be holding a
press conference at the Operations Headquarters of Juhl Wind, Inc.
located at 996 190 th Avenue in Woodstock MN.
On Monday, October 29 th, former House Minority Leader Matthew
Entenza will join Juhl Wind VP of Project Development Corey Juhl, VP of
Operations Tyler Juhl and Juhl Wind President John Mitola to stress the
importance of the extension of the Renewable Energy Federal Production
Tax Credit (PTC) and President Obama's unwavering support of the clean
energy sector.
"In my over 25 years in the energy business, I have never seen a
more balanced approach to our nation's energy strategy than the Obama
administration's, "stated John Mitola, President of Juhl Wind. "We are
very pleased to welcome Mr. Entenza to the Juhl Wind headquarters to
further underscore the need for continued support of Renewable Energy, a
critical component of our domestic renewable energy policy and a
creator of new domestic job opportunities. We are proud of President
Obama's strong ongoing support of the Renewable Energy industry and the
need to continue to invest in our clean energy future. For anyone to
solely attack the Renewable Energy PTC as a subsidy, they are simply
ignoring the hundreds of billions of dollars in subsidies that have been
provided to the nuclear, coal, gas and oil industries for decades and
continue to this today – and, seemingly are never questioned."
Corey Juhl, Juhl Wind's VP of Project Development added "We, and
several other companies, have argued for Congress to immediately pass
legislation to continue the Production Tax Credit for Renewable Energy
so we can continue to develop projects that boost the economies of rural
America and create real, sustainable jobs."
According to a report published on October 17 th , 2012 by the
American Wind Energy Association ( " AWEA " ), 2012 has been a record
year for the development of wind power within the United States. The
U.S. wind industry has surpassed 50,000 megawatts of electrical power
generation capacity, with a total of 4,728 megawatts added this year
alone and another 8,430 megawatts in active development throughout 29
states and Puerto Rico.
In addition, AWEA's U.S. Wind Industry Third Quarter 2012 Market
Report found that; "the third quarter alone saw the installation of
1,833 megawatts of wind power across 15 states. The top adopter of new
installations during the third quarter was Kansas, followed closely
behind by Oregon, Texas, Oklahoma, and Nevada. With more than 40,000
wind turbines supplying 51,630 megawatts of renewable energy, the U.S.
is now capable of powering some 13 million homes with wind energy alone.
That's the equivalent of all of the homes in Michigan, Ohio, Iowa,
Colorado, and Nevada. "
About Juhl Wind, Inc.
Juhl Wind is an established leader in the renewable energy industry
with a focus on Community Based Wind Power development, ownership and
management 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 22
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
consolidation of the Valley View, Winona County and Woodstock Hills
wind farms, the Company has now invested in and operates 21.7 MWs of
wind power through its independent power producer ("IPP") subsidiary,
Juhl Renewable Assets, Inc. Through its subsidiary, Juhl Renewable
Energy Systems, Inc. ("JRES"), the Company also provides full sales and
service to smaller, on-site wind and solar projects in addition to our
larger Community Wind Farms. Now, with its acquisition of Power
Engineers Collaborative, Juhl provides a full range of engineering
services to the energy industry, building systems markets and heavy
industry. Juhl Wind is based in Pipestone, Minnesota and has offices in
Chicago, Minneapolis, Madison and Milwaukee. Juhl is traded on the OTCBB
under the symbol JUHL. Additional information is available at the
Company's website at www.juhlwind.com or by calling (507) 562-8090.
For more information, contact:
Juhl Wind Investor Relations
Jody Janson
Phone: (888) 438-JUHL (888-438-5845)
Email:
jody@istockdaily.com
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 to differ materially
from those expressed in, or implied by, these forward-looking statements
and specifically those statements referring to any specific projects,
prospective acquisitions and wind farm assets mentioned herein. 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.
Published at Investorideas.com renewable energy news wire
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EFLO acquired a 30.664% interest in the Assets from Nahanni Energy
Inc. and certain of its wholly owned subsidiaries ("Nahanni"). The
Nahanni purchase follows EFLO's earlier acquisition of Devon Canada's
interest (generally a working interest of 22.989%, with a working
interest of 69.337% in one gas well) in the Assets. Upon closing the
Nahanni purchase, EFLO became the largest interest holder in the
Kotaneelee with a general interest of 53.67% and a working interest of
100% in one gas well.
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