LAS VEGAS, Feb. 16, 2011 /PRNewswire/ -- Here Enterprises, Inc. (Pink Sheets: HRTE) today announced the start of construction at the Company's Cycle Ranch wind energy project near Floresville, Texas. In conjunction with the Cycle Ranch Motocross Park, a commercial speedway, the wind farm is being built to maximize the property's revenue generating potential, while reducing energy consumption, costs and greenhouse emissions. With foundations successfully in place, Here Enterprises is pleased to report the project is progressing with the installation of Talon variable pitch turbine systems.
Cycle Ranch is a wholly owned subsidiary of Here Enterprises, acquired on September 9, 2010. The Cycle Ranch wind farm is the initial development of the Company strategy to utilize commercial property to generate clean, sustainable energy.
Established wind energy and electrical systems contractor Collier Services, Inc. is conducting the build-out of the Cycle Ranch project. A leader in the industry, Collier Services installs foundations, connections, and highly efficient 40-foot Talon variable pitch turbines.
Mark Ryun, CEO of Here Enterprises, commented: "The Cycle Ranch project is a major step in the realization of Here Enterprises' clean energy business strategy. We expect construction of the facility to be completed by month end and are extremely pleased with our progress to date."
About Here Enterprises, Inc. (HRTE.PK)
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.