Juhl Wind, Inc. Participates in United States Senate Rural Summit Focused on Creating Jobs for Rural America
WOODSTOCK, Minn., April 29 /PRNewswire-FirstCall/ -- Juhl Wind Inc. (OTC Bulletin Board: JUHL, the "Company"), the Leader in Community Wind is pleased to announce that Dan Juhl, Chairman and CEO of Juhl Wind, Inc. presented the benefits of Community Wind at the U.S. Senate's Rural Summit held on April 28th in Washington D.C. The Summit was hosted by U.S. Senator Blanche Lincoln, the Chair of Rural Outreach for the Senate Democratic Caucus and included business leaders from various sectors. The keynote speaker was former President Bill Clinton whose remarks particularly focused on creating jobs in rural America through new and sustainable sources of energy like wind power.
As a long-standing leader in the renewable energy industry, Mr. Juhl represented the wind power industry and specifically extolled the benefits of Community Wind. "As our government considers ways to stimulate our rural economy, I stressed how local ownership through Community Wind development, not only provides initial construction jobs, but more importantly it provides the long-term economic activity for 20 plus years as our wind farms are owned and operated by our farmer partners," stated Dan Juhl. "While it may cost $4 plus million to install one 2 megawatt turbine, there is only about $500,000 of local construction activity. However, that same turbine derives $500,000 a year in revenue – or $10 million over each 20 year period. That is why we are so committed to ensuring that our wind farms our owned by the people of rural America vs. larger utility conglomerates based hundreds of miles away – and sometimes from other countries."
More information on the Rural Summit can be found at www.lincoln.senate.gov.
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 14 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 and system operations and maintenance. Through its Next Generation Power Systems subsidiary, Juhl Wind now provides full sales and service to smaller, on-site wind and solar projects in addition to its larger Community Wind Farms. Juhl Wind is based in Woodstock, Minnesota with offices in Minneapolis and Chicago 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," "approximates," 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. 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: |
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Juhl Wind Investor Relations |
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Contact: Jody Janson |
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(888) 438-JUHL (5845) |
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Fax: (585) 232-5457 |
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Email: [email protected] |
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SOURCE Juhl Wind, Inc.
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