in News Departments > FYI
print the content item

Casper, Wyo.-based NACEL Energy Corp., a developer and aggregator of wind power infrastructure, has announced the closing of its initial public offering and the formal issuance of its stock trading symbol, "NCEN."

NACEL Energy's direct public offering was registered on Form SB-2 and declared effective June 7. The offering closed Sept. 30, and NACEL Energy's shares opened for trading on Dec. 10.

NACEL Energy develops community-based wind - utility-scale wind power generation with a sustainable footprint and local partners. According to the company, community wind projects often enjoy a competitive advantage over other forms of wind energy development, including faster permitting times, local political support and additional government incentives.

In return for an equity stake, NACEL Energy structures financial partnerships with ranchers, farmers and rural electric cooperatives, complementing the federal incentives promoting wind energy development, including the production tax credit and renewable energy bonds.


Trachte Inc._id1770
Latest Top Stories

Sen. Grassley Makes Another Legislative Push For Wind PTC Extension

U.S. Sen. Chuck Grassley, a long-time wind power advocate, recently made an effort to bring attention to the importance of a production tax credit extension.


Alberta Breaks Wind Power Record, Then Does It Again

Last week, the Alberta Electric System Operator recorded new wind production peaks in the Canadian province - highlighting how well the grid integrated the renewable energy.


Federal Appeals Court Finds Obama's Wind Farm Decision Unconstitutional

A federal appeals court ruled that the U.S. government violated the constitutional rights of Chinese-owned Ralls Corp. when ordering the divestment of four Oregon wind farms.


Renewables Make Up Over 50% Of New U.S. Power In First Half Of 2014

According to a recent government report, renewable energy sources, such as wind and solar, continue to dominate new electric generating capacity.


Suzlon Facility Lends Key Assist In Developing 'The Wind Technicians Of Tomorrow'

The turbine manufacturer’s Elgin, Ill.-based training facility is the culmination of a program that puts a new twist on a proven method of instruction.

Canwea_id1984
Navigant_id1983
Renewable NRG_id1934