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Wind farms can also have a big economic impact, something Juhl Wind, Inc., has been dedicated to bringing to rural communities for years. Founder, Chairman and CEO, Dan Juhl, developed the nation's first farmer-owned and community-based wind farms.
JUHL believes that in order to develop wind farms, they should do it right and get all the economic benefit out of it by doing it community-based.- Juhl Wind's "Community Wind" differs from larger, utility owned wind farms by sharing the majority of wind farm ownership with the actual landowners and local communities.
- Under Juhl Wind's model, farmers or landowners don't simply lease the land to big companies who install and benefit from the turbines. They are investors who also collect a share of the profits, which has the potential to add 30-40% to their income.
- Juhl Wind, Inc. only hires local contractors to work on its projects, which all funnels money back into the local economy.
Juhl Wind, Inc. has developed 11 wind farms throughout the upper Midwest, producing approximately 117 megawatts of wind power. It has another 16 new wind farms in development, which will bring the total megawatts to approximately 517. That is enough to power 155,100 homes at any given time.
If you are looking for a company to invest in that is extremely excited about the opportunity to expand its company and community-based approach to harvesting wind by making an impact into the future...
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Then JUHL Is The Stock To Add To Your Portfolio!
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Breaking News for Juhl Wind Inc |
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Juhl Wind, Inc. Selected as Development Partner for Upstate NY's Black Oak Wind Project
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PIPESTONE, Minn., Jan. 17, 2012 /PRNewswire/ -- Juhl Wind, Inc. (OTCBB: JUHL.OB - News), the Leader in Community Wind Power, today announced the signing of a Development Services Agreement with the Black Oak Wind Farm located near Ithaca, NY. The project is a proposed 15 to 30 MW facility with expectation of the project being online during the third quarter 2013. Juhl Wind will be serving as a development partner for the project.
"We are very excited to be expanding our development services outside of the Midwest region. The Black Oak Wind Farm is made up of a group of highly motivated individuals who are looking to bring the Ithaca area its first utility scale Community Wind project and we are honored to have been selected to assist them in doing so," stated Corey Juhl, Vice President of Project Development for Juhl Wind, Inc.
The Black Oak Wind Farm has also teamed up with Val-Add Service Corporation, a South Dakota project management company, whose recent success includes structuring and coordination of a 10.5 MW community-owned wind project in Central South Dakota. "It is exciting to bring to New York a business structure that has worked so successfully for a similar community-owned wind project in South Dakota," said Brian Minish, President of Val-Add Service Corp. "We are also very excited to be working on our first project with Juhl Wind and hope that it is the first of many to come."
"The Black Oak Wind Farm represents a new wrinkle in our development strategy here at Juhl. With the current transmission uncertainty in the Midwest we are actively looking to diversify our development portfolio by adding projects throughout North America and in regions that generally experience higher electric rates," added Juhl Wind President John Mitola. "In addition, partnering with the Val-Add team will give this project a unique opportunity to maximize the amount of local ownership and economic development to Tompkins County."
"We are very pleased to be working with such experienced partners as Juhl Wind and Val-Add Service," said Peter Bardaglio, President of Black Oak Wind Farm, LLC. "Not only do they understand the importance of this project being financially successful but also how to make sure we contribute to the well being of the local economy," Bardaglio added.
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Investment Attributes for Juhl Wind Inc. |
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Juhl Wind - The Leader in Community Wind Power
Juhl Wind Inc.is an established leader in Wind Power
development and management, focused on wind
farm projects throughout the United States.
Has completed over 14 Sizable Wind Farm Projects
Developed over 117 MWs of Wind Power to date
Provides operations oversight and maintenance on
majority of wind farms developed
Currently has over 25 new wind projects in development in
the United States totaling over 450 MWs
Based in Woodstock, Minnesota (near Sioux Falls, SD)
Led by Dan Juhl ? Recognized Leader in US Wind Industry
Unique Financial Strength for a Green Growth Co.
Balance Sheet Strength from the outset
More than Double Digit Growth Plan
Proven and Experienced Management Team
Historic Years of profitability
The only credible independent PUBLIC wind power
development company in the U.S!
Originator and Leader of Community Wind Power
Unique Ownership Sharing Formula with Farmers and local
communities
A huge and open sector in the larger wind energy arena
Provides an ongoing competitive advantage in the Space
The Leading Specialist in Small Wind Farms for over 25 |
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Company Profile - Juhl Wind Inc. |
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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.
With its acquisition of Next Generation Power Systems, Juhl Wind now provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Woodstock, Minnesota and is traded on the OTCBB under the symbol JUHL.OB.
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