SOURCE: Nacel Energy Corporation

March 12, 2008 02:15 ET

NACEL Energy Joins Industry Leaders in American Wind Energy Association

CASPER, WY--(Marketwire - March 12, 2008) - NACEL Energy Corporation (OTCBB: NCEN) (FRANKFURT: 4FC) ("NACEL Energy") today announced it has accepted membership in the American Wind Energy Association (AWEA), the nation's foremost wind industry trade and advocacy organization. NACEL Energy is developing a growing portfolio of utility scale community wind power generation infrastructure and will bring 80 megawatts (MW) of new wind energy online by 2010 -- enough energy to supply the power requirements of 25,000 American homes.

NACEL Energy President Brian Lavery stated: "The American Wind Energy Association has achieved tremendous success promoting the adoption of wind energy in the U.S. and around the world. We are proud to be associated with the AWEA and excited to take our place among the key players in the U.S. wind energy industry." As a member of the AWEA, NACEL Energy will be able to network, forge relationships and advocate for policies and legislation affecting the wind energy industry's long-term growth.

With its growing pipeline of wind power generation projects, NACEL Energy is establishing a significant foothold in the world's fastest growing energy sector. In a recent industry study the AWEA reports the U.S. wind energy industry installed 5,244 MW of new wind power in 2007, expanding the nation's total wind power generating capacity by 45% in a single calendar year and injecting an investment of over $9 billion into the economy. (AWEA, "Another Record Year for New Wind Installations," January 2008).

The AWEA has advocated for the development of wind power generation as a reliable environmentally superior source of energy since 1974 and is at the center of the U.S. wind power industry. The organization represents utilities, project developers, turbine manufacturers and suppliers, industry service providers, researchers and wind energy advocates.

About NACEL Energy Corporation

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 COMMUNITY WIND -- advantageous utility scale wind power generation projects with a sustainable footprint of 20 MW and the participation of local partners. With its expanding pipeline of new wind energy project assets, the Company is on track to develop 80 MW of energy to power 25,000 U.S. homes by 2010. NACEL Energy was founded in 2006 and is headquartered in Casper, Wyoming.

For more information visit our website www.nacelenergy.com

NACEL Energy
The WIND POWER COMPANY ™

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 "will bring 80 megawatts (MW) of new wind energy online 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 Information

  • Contact:

    Nacel Energy Investor Services
    1-888-242-5848