Veteran Wind Energy Development Professional Joins NACEL Energy
2008-04-07 02:00:00
Veteran Wind Energy Development Professional Joins NACEL Energy
CODY, WY–( EMWNews – April 7, 2008) – NACEL Energy Corporation (
announced the appointment of Dan Leach as Managing Director of Operations.
Prior to joining NACEL Energy, Mr. Leach served as a senior wind energy
development consultant for Duke Energy Generation Services Wind LLC, a
subsidiary of Duke Energy Corporation of Charlotte, NC. Since 1995, Mr.
Leach has participated in all phases of the development and construction of
21 Greenfield utility class wind
power generation facilities. As Managing Director of Operations for
NACEL Energy, Mr. Leach is responsible for land acquisitions, power
purchase agreements, project development, construction and controls, and
the setting of goals and objectives for the Company’s 3-member Operations
Team.
NACEL Energy President Brian Lavery stated:
“NACEL Energy’s ability to attract such a well-known and respected wind
energy industry executive as Mr. Leach demonstrates the excellence of the
Company’s vision and business plan, and our firm commitment to increasing
enterprise and shareholder value.”
About NACEL Energy Corporation (
NACEL Energy Corporation is a rapidly growing wind power generation company
developing clean, renewable energy for America. NACEL Energy is among the
first in the nation to develop utility class wind energy projects with a
sustainable footprint of 20 MW and the participation of local partners. The
Company is on track to develop 80 MW of new energy to power 25,000 U.S.
homes by 2010. NACEL Energy was founded in 2006 and is headquartered in
Cody, Wyoming.
For more information visit our website www.nacelenergy.com.
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 or investments, and other statements that are not
descriptions of 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 terms such as “may,”
“will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,”
“believes,” “estimates,” “predicts,” “forecasts,” “potential,” or
“continue,” or similar terms or the negative of these terms. Matters
discussed in today’s news release, including, without limitation, the
belief that the business assumptions underlying the statement “is on track
to develop 80 MW of energy to power 25,000 U.S. homes by 2010” are
reasonable, and all other such similar statements of belief, are
forward-looking statements that involve a number of risks and
uncertainties. The actual future results of NACEL Energy could differ from
these statements. Factors that could cause or contribute to such
differences include, but are not limited to, the ability of NACEL Energy to
acquire the capital necessary to fund its wind energy development plans;
the ability of NACEL Energy’s management to successfully execute
partnership agreements with local wind energy developers; the ability of
NACEL Energy to generate its projected internal rate of return from the
wind energy projects it develops; and other additional factors discussed in
“Risk Factors” and other sections of NACEL Energy’s Securities and Exchange
Commission filings available at www.sec.gov. Although NACEL Energy believes
that the expectations reflected in the forward-looking statements are
reasonable, we cannot guarantee future results, levels of activity,
performance or achievements and NACEL Energy accepts no obligation to
update these
forward-looking statements.
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