Juhl Wind Completes 20-Year Utility Contract

Juhl Wind Inc. announced the recent execution of a 20-year, 19.8-megawatt (MW) Power Purchase Agreement (PPA) between Danielson Wind Farms LLC and Xcel Energy. The Danielson Wind Farms Wind project will be a community-owned and operated, wind-driven electrical energy generation facility with plans to utilize twelve large wind turbines at an estimated cost of approximately US $46 million.

The project, located in Meeker County, will consist of a locally controlled LLC made up of Meeker County residents and a to-be-determined tax equity partner. Juhl Wind Inc. has been assisting the local owners in the development of the project since the spring of last year and led the team to win a competitive request-for-proposal (RFP) issued by Xcel Energy.

The Danielson Wind Farms LLC wind project is proposing an online date in the 4th quarter of 2010. Juhl Wind will continue to serve as the project’s developer and contractor.

“The progression of the Danielson Wind Farms, LLC wind project is representative of the strong demand in the market for Community Wind farms,” said Dan Juhl, CEO of Juhl Wind. “Since going public with our increased awareness, we are receiving regular inquiries from groups of local owners like the good folks that make up the Danielson group. This is exactly what we hoped for when we went public at the end of June 2008. We want our friends in rural America to know that they don’t have to turn their land over to large wind developers. Instead, they can work with us and own their own wind farm and keep a much larger share of the economic benefits for themselves and their neighbors.”

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