JUHL Juhl Wind Appoints General Wesley Clark to its Board of Directors
Juhl Wind Inc. (OTCBB: JUHL stock news), the Leader in Community Wind Power, today
announced that retired U.S. Army General Wesley Clark has joined its
board of directors and has agreed to chair the board of the entity Juhl
Wind is planning to form its first wind farm asset fund. “We are truly
honored to have General Clark join the Juhl Wind team,” stated Dan Juhl,
CEO of Juhl Wind, Inc. “We are very excited about the focus the General
has placed on the renewable energy sector and wind energy in particular
since his retirement from the Army. He has become a recognized leader in
the field and someone who can bring enhanced visibility to Juhl Wind as
a company.”
General Wesley Clark has enjoyed a distinguished career that began with
his graduation from West Point as first in his class. In 1966, he was
awarded a Rhodes scholarship to Oxford University, where he earned a
Masters in Politics, Philosophy and Economics. During thirty-four years
of service in the United States Army, Wesley Clark rose to the rank of
four-star general as NATO’s Supreme Allied Commander, Europe. After his
retirement in 2000, he became an investment banker, author, commentator
and businessman.
“I am so excited to join Dan and the Juhl Wind team,” Clark said. “I
believe that green energy is not only important to our environment but
it is a matter of national security as we work to reduce our dependence
on foreign oil. Community Wind development takes both goals to the next
level by keeping the ownership of our wind farms in the hands of the
people of America and specifically the farmers we work with on these
projects.”
“Juhl Wind is in a very unique position in the wind energy industry,”
added Clark. “It is one of the only public companies that is an
independent developer of wind farms that also enjoys a long-standing
track record of getting wind power built and keeping it operating for
years and years. The Company’s track record coupled with the reputation
of Dan Juhl has led to a very strong backlog of 23 projects estimated at
over 430 Megawatts. That is why the team at Juhl and I believe it is
time to raise the Company’s first project equity fund designed to invest
directly in the renewable energy assets we are in the process of
developing.”
“General Clark is the perfect leader to chair our planned wind farm
equity fund,” stated John Mitola, President of Juhl Wind. “He has the
industry knowledge, investment banking experience and overriding
credibility to give prospective investors additional confidence in the
development of our projects.”
About Juhl Wind Inc.
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 11 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 and construction
management to operations and maintenance. Juhl Wind is based in
Woodstock, Minnesota and is traded on the OTCBB under the symbol
JUHL.OB. Additional information is available at the Company’s website at www.juhlwind.com
or by calling 877-584-5946 (or 877-JUHLWIN).
FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning
of the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 including statements that reflect Juhl Wind’s current
expectations about its future results, performance, prospects and
opportunities. Juhl Wind has tried to identify these forward-looking
statements by using words and phrases such as “may,” “will,” “expects,”
“anticipates,” “believes,” “intends,” “estimates,” “plan,” “should,”
“typical,” “preliminary,” “hope,” or similar expressions. These
forward-looking statements are based on information currently available
to Juhl Wind and are subject to a number of risks, uncertainties and
other factors that could cause Juhl Wind’s actual results, performance,
prospects or opportunities in the remainder of 2009 and beyond to differ
materially from those expressed in, or implied by, these forward-looking
statements. These risks are referenced in Juhl Wind’s current 8K or as
may be described from time to time in Juhl Wind’s subsequent SEC
filings; and such factors as incorporated by reference.
