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Re: None

Monday, 09/01/2008 6:28:11 PM

Monday, September 01, 2008 6:28:11 PM

Post# of 169
AAERF - here's the interesting part...

---potential to sign contract for 20 wind turbines - would be huge for them:

On April 23, 2008, AAER announced the execution of a reservation agreement with Windland Inc. for two 1.5MW wind turbines. As of August 22, 2008, the Company has met all of the conditions required by the reservation agreement, including a technical due diligence and the issuance of the appropriate financial guaranties, and the parties have executed the Turbine Supply Agreement and the Warranty, Maintenance and Service Agreement representing a total contract value of approximately $4,425,000. The Turbine Supply Agreement also provides Windland Inc. with an option to buy an additional 20 1.5MW wind turbines for deliveries between 2010 and 2013. The delivery of the two A1500 turbines is scheduled for the 4th quarter of 2008, as provided for in the original reservation agreement.

Put the above together with this News from Windland's website:
August 18, 2006

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COTTEREL PROJECT IN IDAHO GETS ENVIRONMENTAL OKAY FROM BLM
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The U.S. Bureau of Land Management (BLM) completed an environmental review of what it called the largest wind energy project on federal land in the last 25 years—Windland, Inc.’s 200-MW Cotterel Wind Power Project, which is located on 4,500 acres of BLM-managed public land.

Approval of the “record of decision” and right-of-way grant clears the way for installation of up to 98 turbines on a ridge in south-central Idaho, five miles east of Albion in Cassia County. “Cotterel Mountain is an exceptional wind resource, and its topography lends itself well for a wind energy project,” Windland President Roald Doskeland told Wind Energy Weekly. “Completing this thorough four-year NEPA [National Environmental Policy Act] review is a major step toward bringing its energy online.”


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