Here Enterprises Signs Turbine Installer for Texas Wind Farm
LAS VEGAS, Feb. 7, 2011 /PRNewswire/ -- Here Enterprises, Inc. (Pink Sheets: HRTE), a growing developer of clean wind energy, today announced the selection of Collier Services, Inc. of Texas to build out the first phase of its Cycle Ranch wind energy project. Here Enterprises has tapped Collier Services to install Talon variable pitch wind turbines on its Floresville, Texas property, enabling the Company to move forward with the generation of clean wind energy.
Founded in 2000, Collier Services is an established electrical and telecom contractor based in Bertram, Texas. The company will leverage extensive experience with the deployment of wind energy equipment and systems to install turbines at Here Enterprises' Cycle Ranch site. Here Enterprises has contracted with Collier Services to install concrete foundations, reinforcements, electrical connections, poles, turbines and blades. The Company expects to break ground next week.
Mark Ryun, CEO of Here Enterprises, commented: "Here Enterprises is thrilled to be moving ahead with the development of our Cycle Ranch wind project. We are confident that veteran turbine installer Collier Services has the experience and knowledge to quickly build out the first phase of our wind farm. We eagerly anticipate seeing our Talon turbines up and running—producing clean wind energy to power our Cycle Ranch raceway operations and sell surplus power back to the grid."
Here Enterprises acquired its first wind energy development project, Cycle Ranch, in September of 2010. The Company is developing wind power generation facilities on the Cycle Ranch site in conjunction with its revenue-positive commercial motocross speedway business. The property is located in Floresville, Texas, the state now leading the nation in wind power generation.
About Here Enterprises Inc. (HRTE)
Here Enterprises is a developer of wind power, our nation's fastest growing renewable energy resource. The Company is engaged in planning, developing, acquiring and operating wind farms in the United States to generate clean, profitable wind energy. Here Enterprises is developing wind energy projects which co-locate wind farms with commercial businesses in order to maximize cashflow for each project.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. HRTE has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect HRTE's current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the HRTE's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. HRTE undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this press release including such forward-looking statements.
SOURCE Here Enterprises, Inc.
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