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Denver-based NACEL Energy Corp. has entered into two long-term wind development rights agreements covering an aggregate of 636 acres in Donley County, Texas. Hedley Pointe is the company's fourth Texas wind energy project located in the Panhandle. At project build-out, NACEL Energy anticipates at least 10 MW of capacity from Hedley Pointe.

NACEL Energy's Hedley Pointe wind project is strategically located to provide potential interconnection optionality, with two electric system operators: the Southwest Power Pool Inc. and the Electric Reliability Council of Texas Inc.

Collection of site-specific wind data has commenced at Hedley Pointe, with the installation of a 200-foot NRG Systems meteorological tower transmitting data back to NACEL Energy via an Iridium satellite uplink.

While wind data is collected, additional important development milestones, including - without limitation - interconnection engineering, turbine engineering and obtaining turbine debt financing, must be completed by the company. Project commissioning is not expected until at least the end of the company's fiscal 2009-2010 year.

NACEL Energy Corp.



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