Friday May 13, 2011 JUHL PRICE $1.18 Quote Site News Chart

Americans living in all neighborhoods can now invest in community-based wind farms. Americans no longer need farmland, large acreage or lots of money to invest in Juhl Wind, Inc, a national leader in Community-based Wind Power development.

Juhl Wind, Inc. just announced it recently closed on the acquisition of the 10.2 megawatt, Woodstock Hills wind farm, located near the Company's headquarters in Woodstock, Minnesota.

And the Company also just received a $1.8 Million development fee related to completion of two, 20 Megawatt Wind Farms.

See Breaking News Below!
Breaking News for Juhl Wind Inc
 
 
Juhl Wind, Inc. Reports Record Results for its First Quarter Ended March 31, 2011
Woodstock, MN - May 12, 2011 - Juhl Wind Inc. (OTCBB: JUHL.OB), the Leader in Community Wind Power, today announced its results for the first quarter of 2011 - a quarter in which Juhl reported over $6.5 million in revenue, its first positive operating income in the Company's history, and the generation of over $3.3 million in cash.
 
"We are obviously, very pleased to file our 10Q for the first quarter of 2011 where we accomplished so much and delivered such solid financial results," stated Dan Juhl, Chairman and CEO of Juhl Wind Inc. "As we have been reporting to the market, the first part of this year saw us wrapping up construction on key wind farms as well as pulling together the permanent, take-out financing on others. These efforts produced over $6.5 million in revenue for the quarter and brought in $3.3 million in cash within the quarter followed by another $1.8 million in April. We ended the quarter with $2.8 million in positive net income and over $5 million in cash on our balance sheet. All in all, we are very proud of those results."
 
"We believe the our financial performance in the first quarter really underscores just how much our team has accomplished in the past couple of years," added John Mitola, President of Juhl Wind Inc. "With over $6 million in cash on our balance sheet today, we know we enjoy one of the most solid balance sheets in the wind industry amongst independent developers, owners and operators. This cash puts us in a position of strength to implement the growth initiatives we laid out in our recent Outlook Conference Call."
 
"As John pointed out, we are now in a unique position in this industry," continued Dan Juhl. "We have already utilized this strength by implementing our recent acquisition of the Woodstock Hills wind farm - a transaction that is expected to result in approximately $1.0 million per year in additional, annual revenue. We expect to continue to take steps with similar acquisitions alongside our ongoing development, construction and operations business throughout the remainder of 2011."
 
Results for the three-month period ended March 31, 2011:
 
• Total Revenue increased by approximately $4,956,000, or 303.2%, from approximately $1,635,000 for the quarter ended March 31, 2010, to approximately $6,591,000 for the quarter ended March 31, 2011. The increase in revenue is primarily attributable to approximately $4,988,000 of wind farm development fee revenue earned from three wind farm construction projects that completed financing arrangements during the first quarter of 2011.
 
• Our Operating Income of approximately $4,779,000 for the quarter ended March 31, 2011 is primarily attributable to the increased wind farm development fee revenue together with our ability to control operating expenses such that the earned revenue in large part falls to our operating income.
 
• Our Net Income of $2,802,000 for the quarter ended March 31, 2011 represents a $3,366,000 improvement in the bottom-line from the comparative quarter a year ago.
 
• Basic and fully diluted earnings per share of $0.13 income per common share for the quarter ended March 31, 2011 compares to the $0.03 loss per common share for the comparative quarter a year ago.
 
• As of March 31, 2011, the Company reported it held approximately $5,054,000 in the form of cash accounts and short term investments, which includes approximately $419,000 in balances that are restricted by a debt covenant. The cash amounts do not include approximately $1,800,000 of additional cash received in April 2011 for development fees earned in the first quarter.
 
A full analysis of results for the period ended March 31, 2011 is available in the Company's Form 10-Q, which is available on the Company's website at www.juhlwind.com or through the Securities and Exchange Commission's Edgar database.

 
Juhl Wind Announces its First Acquisition of an Existing 10.2 Megawatt Wind Farm - Adding Over $1.0 Million per Year in Annual Revenue
WOODSTOCK, Minn., May 4, 2011 /PRNewswire/ -- Juhl Wind, Inc. (OTCBB:JUHL.ob - News), the Leader in Community Wind Power, today announced it recently closed on the acquisition of the 10.2 megawatt, Woodstock Hills wind farm, located near the Company's headquarters in Woodstock, Minnesota.

Like all of its other wind farms, Juhl was the original developer of the Woodstock Hills wind farm. Woodstock Hills was placed in service in 1999 and was previously owned in concert with two significant companies in the energy business as its institutional investor partners. The 10.2 MW wind farm utilizes 17 Vestas V-44 turbines and sells the wind power to Xcel Energy under the terms of a long-term power purchase agreement. Juhl Wind closed the acquisition last Thursday, April 28, 2011. Juhl paid $400,000 to acquire a controlling, 99.9% ownership interest alongside the .1% local owner. The Company expects the wind farm to continue to generate revenue of approximately $1.2 million per year as it has historically. Details of the transaction have been described in Form 8K.

"Our acquisition of the Woodstock Hills wind farm is the first step in a very important element of our long term business strategy," stated Dan Juhl, CEO of Juhl Wind, Inc. "Our acquisition of existing wind farms will bring assets to our balance sheet, along with long-term, reliable revenue streams. We believe there is a large number of existing wind farms for us to consider and we are confident we have a unique skill set to properly evaluate, acquire, own and operate these assets."

"Combining wind farm assets with their associated revenue streams will help us build baseline revenue that we can count on year over year," added John Mitola, President of Juhl Wind, Inc. "We recently described this strategy to our investors in our annual 10K conference call and we are proud to have executed on this first transaction. Given that this first wind farm should bring us over $1 million per year in revenue, observers can clearly see that our base revenue can grow steadily with additional wind farm acquisitions."

"As we explained on our conference call, we felt that we were finally at a point in our growth cycle where it was appropriate to begin asset acquisitions, given the growing cash position on our balance sheet," continued Mitola. "We plan to balance our ongoing development activity with wind farm acquisitions, along with our long term Operations and Maintenance services. All of these elements will help us build a company with solid base revenues topped off by large steps from time to time due to development and construction revenue."

As noted above, the Woodstock Hills wind farm is now owned by Juhl Wind, Inc. in conjunction with a .1% local owner, which in this case is an entity controlled by Dan Juhl. The acquisition was approved by independent directors of the board of Juhl Wind, Inc. and was based on an independent analysis of the economics of the transaction. 
 
Recent News for Juhl Wind Inc
 
 
  Juhl Wind, Inc. Announces Recent Receipt of $1.8 Million Development Fee Related to Completion of Two, 20 Megawatt Wind Farms
.
.
Juhl Wind, Inc. Provides a Summary of 2010 and Outlines Ongoing Growth Strategy for 2011
.
Juhl Wind, Inc. to Discuss 2010 Results and Provide Corporate Update on April 4th, 2011
Investment Attributes for Juhl Wind Inc.
 
 
 
Juhl Wind - The Leader in Community Wind Power
Juhl Wind Inc.is an established leader in Wind Power development and management, focused on wind farm projects throughout the United States.
 
  • Has completed over 14 Sizable Wind Farm Projects
  • Developed over 117 MWs of Wind Power to date
  • Provides operations oversight and maintenance on majority of wind farms developed
  • Currently has over 25 new wind projects in development totaling over 450 MWs
  • Based in Woodstock, Minnesota (near Sioux Falls, SD)
  • Led by Dan Juhl - Recognized Leader in US Wind Industry

    Unique Financial Strength for a Green Growth Co.
  • Balance Sheet Strength from the outset
  • More than Double Digit Growth Plan
  • Proven and Experienced Management Team
  • Historic Years of profitability
  • The only credible independent PUBLIC wind power development company in the U.S!

    Originator and Leader of Community Wind Power
  • Unique Ownership Sharing Formula with Farmers and local communities
  • A huge and open sector in the larger wind energy arena
  • Provides an ongoing competitive advantage in the Space
  • The Leading Specialist in Small Wind Farms for over 25
    		•
    Company Profile - Juhl Wind Inc.
     
     
    Juhl Wind is an established leader in Community Based Wind Power development and management, focused on wind farm projects throughout the United States and Canada. Juhl Wind pioneered community-based wind farms, developing the currently accepted financial, operational and legal structure providing local ownership of medium-to-large scale wind farms.

    To date, the Company has completed 14 wind farm projects and provides operations management and oversight across the portfolio. Juhl Wind services every aspect of wind farm development from full development and ownership, general consultation, construction and system operations and maintenance.

    With its acquisition of Next Generation Power Systems, Juhl Wind now provides full sales and service to smaller, on-site wind and solar projects in addition to our larger Community Wind Farms. Juhl Wind is based in Woodstock, Minnesota and is traded on the OTCBB under the symbol JUHL.OB.

     

    For continued coverage on JUHL CLICK HERE.

     


    FORWARD LOOKING STATEMENTS These news releases include forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Juhl Wind's current expectations about its future results, performance, prospects and opportunities. Juhl Wind has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Juhl Wind and are subject to a number of risks, uncertainties and other factors that could cause Juhl Wind's actual results, performance, prospects or opportunities in the remainder of 2011 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks are referenced in Juhl Wind's current 10K or as may be described from time to time in Juhl Wind's subsequent SEC filings; and such factors as incorporated by reference.

    DISCLAIMER:  This is a paid advertisement provided to our subscribers. Although we have sent you this email, Financial Market Advisor does not endorse this product or company nor is it responsible for the content of this ad. Furthermore, we make no guarantee or warranty about what is advertised above, and have not independently reviewed the information provided within this advertisement.

    In accordance with Section 17(b) of the Securities Act of 1933, you are hereby advised that Financial Market Advisor is receiving a fee of $3,000 in cash, from Hanover Financial Services as compensation for the distribution of this advertisement. Financial Market Advisor has not determined if the statements and opinions of the advertiser are accurate, correct or truthful. The purpose of this advertisement, like any advertising, is to provide publicity for the advertising company, its products or services. You should not rely on the information presented; you should do independent research to form your own opinion and decision. Information contained in our disseminated emails does not constitute investment, legal or tax advice upon which you should rely. The purchase of high-risk securities may result in the loss of your entire investment.

    Advertisements received by you are not a solicitation or recommendation to buy securities of the advertised company. An offer to buy or sell securities can be made only by a disclosure document that complies with applicable securities laws and only in the States or other jurisdictions in which the security is eligible for sale. Advertisements distributed through disseminated emails are not disclosure documents. If you are considering purchasing any securities of an advertised company, you should call your State Securities Administrator to determine if the security may be sold in your State. Many companies have information filed with State securities regulators who may be able to supply you with additional information. You also should read and review, if and to the extent available, any information concerning an advertised company available at the web sites of the U.S. Securities and Exchange Commission (the "SEC") at http://www.sec.gov and the National Association of Securities Dealers (the "NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud at http://www.sec.gov/consumer/cyberfr.htm, as well as related information published by the NASD on how to invest carefully. You are responsible for verifying all claims and conducting your own due diligence.

    Advertiser:
    Hanover Financial Services
     Ph: (303) 494-3617
     info@hanoverfinancialservices.com