Prior to joining NACEL Energy, Mr. Leach served as a senior wind energy development consultant for Duke Energy Generation Services Wind LLC, a subsidiary of Duke Energy Corporation of Charlotte, NC. Since 1995, Mr. Leach has participated in all phases of the development and construction of 21 Greenfield utility class wind power generation facilities. As Managing Director of Operations for NACEL Energy, Mr. Leach is responsible for land acquisitions, power purchase agreements, project development, construction and controls, and the setting of goals and objectives for the Company's 3-member Operations Team.
NACEL Energy President Brian Lavery stated:
"NACEL Energy's ability to attract such a well-known and respected wind energy industry executive as Mr. Leach demonstrates the excellence of the Company's vision and business plan, and our firm commitment to increasing enterprise and shareholder value."
About NACEL Energy Corporation (OTCBB: NCEN)
NACEL Energy Corporation is a rapidly growing wind power generation company developing clean, renewable energy for America. NACEL Energy is among the first in the nation to develop utility class wind energy projects with a sustainable footprint of 20 MW and the participation of local partners. The Company is on track to develop 80 MW of new energy to power 25,000 U.S. homes by 2010. NACEL Energy was founded in 2006 and is headquartered in Cody, Wyoming.
For more information visit our website www.nacelenergy.com.
The WIND POWER COMPANY(TM)
Notice regarding Forward-Looking Statements
Statements in this press release relating to NACEL Energy's plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in NACEL Energy's business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Matters discussed in today's news release, including, without limitation, the belief that the business assumptions underlying the statement "is on track to develop 80 MW of energy to power 25,000 U.S. homes by 2010" are reasonable, and all other such similar statements of belief, are forward-looking statements that involve a number of risks and uncertainties. The actual future results of NACEL Energy could differ from these statements. Factors that could cause or contribute to such differences include, but are not limited to, the ability of NACEL Energy to acquire the capital necessary to fund its wind energy development plans; the ability of NACEL Energy's management to successfully execute partnership agreements with local wind energy developers; the ability of NACEL Energy to generate its projected internal rate of return from the wind energy projects it develops; and other additional factors discussed in "Risk Factors" and other sections of NACEL Energy's Securities and Exchange Commission filings available at www.sec.gov. Although NACEL Energy believes that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements and NACEL Energy accepts no obligation to update these forward-looking statements.
Contact:
NACEL Energy Investor Services
1-888-242-5848