SOURCE: Nacel Energy Corporation

March 19, 2008 02:15 ET

NACEL Energy to Add 20 MW of New Capacity in Nation's Premier Wind Energy Corridor

CASPER, WY--(Marketwire - March 19, 2008) - NACEL Energy Corporation (OTCBB: NCEN) (FRANKFURT: 4FC) ("NACEL Energy"), an emerging developer and aggregator of wind power infrastructure generating clean, renewable energy for America, today announced the Company will develop the 20-megawatt Blue Creek wind energy project north of Amarillo, TX. West Texas is considered one of the premier wind energy development corridors in the United States due to the flat topography, constant wind velocity and favorable access to transmission infrastructure. In addition to NACEL Energy, Florida Power & Light, Shell and BP also have wind energy projects underway in the region.

NACEL Energy President Brian Lavery stated:

"The Blue Creek project enhances NACEL Energy's present operations and brings us closer to achieving the Company's primary goal of developing 80-megawatts of new wind power generation capacity over a 36 month period, thereby increasing enterprise and shareholder value."

In its latest update, The American Wind Energy Association (AWEA) reported that Texas consolidated its lead over California as the nation's number one wind power State, measured by installed capacity. In total, Texas wind farms now generate more than 4356-megawatts of wind power -- enough energy to serve 1.5 million homes. (AWEA, "American Wind Energy Association Market Report," January 2008)

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 COMMUNITY WIND -- advantageous utility class wind power generation projects but with a sustainable footprint of 20 MW and the participation of local partners. With its expanding pipeline of wind projects, NACEL Energy 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 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 "the Company will develop the 20-megawatt Blue Creek wind energy project" and such a project is "consistent with the Company's primary goal of achieving 80-megawatts of new wind power generation capacity over a 36 month period," 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