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Denver-based NACEL Energy Corp. has signed a long-term wind development rights agreement covering 2,082 acres of land for its Blue Creek wind energy project in Texas - an area approximately 25% larger than previously anticipated by the company.

The larger land parcel secured for wind power development means NACEL Energy's Blue Creek project may have greater generating potential than first determined by the company. NACEL Energy's analysis indicates that the construction of a series of 10 MW phases is optimal and that 30 MW or more of generating capacity at Blue Creek may be achievable at project build out.

Collection of site specific wind data has commenced at Blue Creek with the installation of a 200-foot NRG meteorological tower transmitting data to NACEL Energy, via an Iridium satellite uplink. While the data is collected, interconnection engineering, turbine engineering and obtaining of turbine debt financing, must be completed by NACEL Energy. Accordingly, the company cautions that project completion at Blue Creek is not expected until at least 2010.

SOURCE: NACEL Energy Corp.

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