The wind resource at the Gascoyne II is among the best in the United States. Site wind data has been recorded by two meteorological towers and used to determine net capacity factors (NCF) based upon the General Electric (GE) SLE 1.5 wind turbines, resulting in 45% NCF (after all loss components subtracted).
On May 4, 2011, NACEL advanced funds to the Midwest Independent Transmission System Operator, Inc. (Midwest ISO) to complete the Feasibility Study for the interconnection of the Gascoyne II project to the electric grid. Midwest ISO manages the high voltage transmission system throughout the Midwestern States, including portions of Illinois, Indiana, Ohio, Michigan, Iowa, Wisconsin, Nebraska, Missouri and Montana as well as North and South Dakota.
NACEL Chief Executive Officer, Mark Schaftlein, stated: "Gascoyne II represents our first entry into the Midwest ISO region and is part of NACEL’s corporate strategy to add to, and diversify, our wind power project portfolio. With Crownbutte as our development partner, NACEL has an experienced team with a proven track record of successfully building wind projects. Crownbutte developed the first utility scale wind park in the Dakotas and most recently, the two-phase 30 MW Diamond Willow wind power facility near Baker, Montana. Twenty GE 1.5 MW wind turbines are operating today at Baker, which is presently owned by Montana-Dakota Utilities."
NACEL is one of the first publicly traded companies in America exclusively developing clean, renewable, utility scale wind energy. The Company currently anticipates generating an aggregate 300 megawatts of new wind power upon the commissioning of the Gascoyne II project in North Dakota, together with the Company’s Leila Lake, Hedley Pointe, Swisher, Channing Flats and Blue Creek, all located in the Texas Panhandle. NACEL was founded in 2006 and successfully completed its IPO in December of 2007. NACEL acquired the largest stake in Crownbutte Wind Power Inc. (OTCQB:CBWP) of Mandan, ND, on January 26, 2011.