NACEL Energy Corporation a wind power company in business to generate clean, renewable energy confirmed it has executed three additional long-term wind development rights agreements covering 1,068 acres in Donley County, Texas. The newly acquired land is contiguous with the Company's Lelia Lakes wind power project announced July 1, 2009, and brings the total acreage under development at Leila Lakes to 2,093 acres.
Donley County, Texas was identified by NACEL Energy's Operations team in mid-2008 as a region of development interest. Donley County exhibits the high quality Class 4 winds prevalent throughout the Texas Panhandle and, based upon the Company's analysis, offers favorable interconnection opportunities, initially at lower voltages.
The securing of an aggregate total of 2,729 acres in Donley County under long term development rights agreements, evidences continued, consistent application of NACEL Energy's business model -- unique in the U.S. wind industry. In brief, NACEL Energy identifies interconnection opportunities in power markets of interest and then leases nearby acreage where 6 to 18 utility class wind turbines can be constructed, without incurring the often significant transmission and related electric infrastructure upgrade costs and/or delays which can adversely impact other company's wind power projects.
Accordingly, NACEL Energy anticipates generating 40 MW, or more, of clean, renewable, wind energy from its Donley County projects, Leila Lakes and Hedley Pointe. Additionally, future increases in generating capacity, beyond 40 MW, may also be feasible, if the higher voltage infrastructure now being planned for the area is constructed and as regional power market demand dictates.
NACEL Energy's Chief Executive Officer, Paul Turner, Ph.D, stated:
"Our Lelia Lakes and Hedley Pointe wind power projects in Donley County, Texas are examples of the prototypical NACEL Energy development model based upon phased expansion and multiple interconnection options. We look forward to working with Donley County, Texas to make these two projects an integral part of the local community."