Crownbutte Wind Power Promotes Dr. Terry Pilling to Executive Vice President
MANDAN, N.D., Feb. 24 /PRNewswire-FirstCall/ -- Crownbutte Wind Power, Inc. (OTC Bulletin Board: CBWP) has promoted Dr. Terry Pilling from Director of Operations to Executive Vice President. Dr. Pilling, who joined Crownbutte in 2008, is a former professor of physics at North Dakota State University, where he taught physics and engineering physics since 2004, after completing his post-doctoral research at the Joint Institute for Nuclear Research in Russia.
Dr. Pilling is responsible for project engineering, construction and operations. He has been a member of the Crownbutte board of directors since early 2009 and has started a research and technology division of Crownbutte, which has developed Crownbutte's data analysis software and is now researching wind energy storage technologies.
Dr. Pilling commented, "I am truly happy that Crownbutte is becoming an electricity producer in the rapidly growing renewable energy industry and to be a part of the Crownbutte management team. The company is strongly positioned to take advantage of the nationwide push for renewable energy, in that all of our projects are located in prime wind locations as our meteorological data from those locations shows. Once they are constructed, the cash flow from these projects should help the company develop energy storage technologies, which we believe will enhance the project returns and make wind power generation a more stable and reliable component of the national power grid. This is a very exciting time to be in the wind power business."
Crownbutte CEO Timothy Simons stated that, "Dr. Pilling was an asset to the company when he joined us in 2008 and has since become absolutely indispensable. He has acquired a deep knowledge of all aspects of the business from meteorology, grid interconnection and permitting all the way to project finance."
About Crownbutte Wind Power, Inc.
Established in 1999, Crownbutte Wind Power, Inc., (www.crownbutte.com) is a North Dakota based developer of merchant wind power parks, with a current pipeline of over 640 MW of projects in various stages of development across North Dakota, South Dakota and Montana.
Crownbutte has strategically sized these projects to fit into the existing power grid so as to require only minimal transmission system upgrades, and therefore expects to be able to begin construction and operation much sooner than would be the case for larger projects requiring new transmission.
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Forward-looking statements contained in this press release are not guarantees of future performance, and we cannot assure any reader that such statements will be realized or the forward looking events and circumstances will occur. Actual results may differ materially from those anticipated or implied in the forward-looking statements due to the factors listed in the "Risk Factors" section and elsewhere in our most recent annual report on Form 10-K, subsequent quarterly reports on Form 10-Q and current reports on form 8-K and other reports filed by us with the Securities and Exchange Commission, and available at www.sec.gov. All forward-looking statements are based upon information available to us on the date of this press release. We undertake no obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise, except as otherwise required by law.
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Crownbutte Wind Power |
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Timothy H. Simons, President & CEO |
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111 5th Ave NE |
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Mandan, ND 58554 |
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701-667-2073 |
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Investor info: |
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SOURCE Crownbutte Wind Power, Inc.
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