Completion of the study is a precursor to a final interconnection agreement with APS. The study will assess and make recommendations regarding any system and equipment upgrades necessary to integrate the Company’s planned 18.9 MW wind farm first phase of Snowflake into the APS electrical grid.
NACEL Energy Chief Executive Officer, Mark Schaftlein, stated: "With the commitment of NACEL’s key investors, including JMJ Financial, NACEL continues to have the capital necessary to advance our wind energy : projects, including Snowflake in Arizona and our five wind turbines projects in the Texas Panhandle, towards our ultimate corporate objective — the generation of clean, renewable energy."
NACEL Energy : is one of the first publicly traded companies in America exclusively developing clean, renewable, utility scale wind power. The Company currently anticipates generating an aggregate 130 megawatts of new wind power : upon the commissioning of its Snowflake project in Arizona, in addition to Leila Lake, Hedley Pointe, Swisher, Channing Flats and Blue Creek, all located in the Texas Panhandle. NACEL Energy was founded in 2006 and successfully completed its IPO in December of 2007.