Nacel Energy Corporation reports it has achieved its initial corporate goal of 80MW of wind power generation projects under development, first announced January 10, 2008.
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With 640MW of generating capacity now in the development phase, Nacel Energy is currently working to accomplish two new objectives: 1,000MW of new wind energy projects underway by 2010 and the listing of its shares on the American Stock Exchange (AMEX). To achieve its two newly stated goals, Mr. Dan Leach has been promoted from Managing Director of Operations to President. Prior to joining Nacel Energy, Mr. Leach served as a senior wind energy development consultant for Duke Energy Generation Services Wind LLC, a subsidiary of Duke Energy Corporation of Charlotte, NC. Since 1995, Mr. Leach has participated in all phases of the development and construction of 21 Greenfield utility class wind power generation facilities. Mr. Brian Lavery, Nacel's outgoing President and a founder of the Company, will now serve as Chairman of the Board of Directors.
