The Adams Wind project is located in Meeker county in West Central Minnesota and will consist of a locally controlled limited liability company made up of Meeker county residents and a to-be-determined equity partner. Juhl Wind has been assisting the local owners in the development of the project since the spring of 2008 and led the team to win a competitive request-for-proposal (RFP) issued by Xcel Energy. Juhl Wind is forecasting that the Adams Wind Farm will commence initial operations in the fourth quarter of 2010.
“The establishment of the Adams Wind Farm project continues to reinforce our belief that there exists strong demand in the market for Community Wind farms,” Juhl Wind Chief Executive Officer Dan Juhl said. “Our business model makes sense for all parties involved, from providing the local utilities with renewable, clean energy resources, to providing local employment opportunities and additional ‘cash crop’ revenue for the land owners. We want our friends in rural America to know that they don’t have to turn their land over to large wind developers. Instead, they can work with us and own their own wind farm and keep a much larger share of the economic benefits for themselves and their neighbors.”
“While we are very focused on the construction of our 2009 wind farm projects, we continue to win new business in partnership with our local owner groups like Adams,” Juhl Wind President John Mitola said. “Obviously, the new projects that we will be announcing will set the stage for our revenue growth in 2010 and beyond and we will provide more information as the detailed time frames are formulated over the next few months.”
