U.S. Wind Farming, Inc. to Re-Power Old Generation Wind Energy Farms in California
CHICAGO, Nov 29, 2004 (BUSINESS WIRE)
U.S. Wind Farming, Inc. (Pink Sheets:USWF), "America's Only Publicly Traded Wind Energy Company," (www.uswindfarming.com) has reached an agreement to re-power old wind energy farms in California.
"We anticipate that these contracts for 45-megawatts of wind energy electricity and hydrogen, which will be finally executed by year end 2004, will provide the company with approximately $4,500,000 in annual profits for the 30-year life of those cooperatives," said William Telander, USWF's CEO. "All cooperatives operate under fixed-rate 30-year, monthly pay, renewable energy contracts with the local utility companies," he said.
The Company relies upon the Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements which are not historical facts are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
SOURCE: U. S. Wind Farming, Inc.
U. S. Wind Farming, Inc. William L. Telander, 800-853-6768 http://www.uswindfarming.com
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