NACEL Energy has confirmed it has entered into four long term wind development rights agreements covering 1025 acres in Donley County, Texas. Leila Lakes is the Company's fifth Texas wind energy project. At project build-out, NACEL Energy anticipates 20 MW, or more, of power generation from Leila Lakes.
Leila Lakes is located within electrical proximity to NACEL Energy's 10 MW Hedley Pointe wind energy project, announced February 2nd 2009, affording additional flexibility with respect to interconnection and turbine siting. All five of NACEL Energy's Texas wind projects are located in the Panhandle.
According to the Texas State Energy Conservation Office (SECO), the Panhandle contains the State's "greatest expanse of high quality winds." (Source: SECO website, "The Energy Report 2008" Chapter 11 (Wind Energy), Exhibit 11-9)
Collection of site specific wind data will begin soon with the installation of a 60 meter (200 ft.) 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.
Accordingly, NACEL Energy cautions that project commissioning (operations) at Leila Lakes is not expected until fiscal 2010-11, or later depending upon future events.
NACEL Energy Chief Executive Officer, Brian Lavery, stated: "Leila Lakes is our fifth wind power project. We anticipate generating a total of 100 MW of clean, renewable power upon build-out of our five Texas Panhandle projects – enough energy to meet the daily requirements of an estimated 30,000 average American homes."
