Author : NACEL Energy Corporation
DENVER, CO — The Board of Directors of NACEL Energy Corporation (OTCBB: NCEN) (FRANKFURT: 4FC) (“NACEL Energy”) today is pleased to announce the executive appointments of Paul Turner, Ph.D. as incoming Chief Executive Officer.
Turner earned his B.Sc. in electrical engineering (power concentration) from the University of Illinois in 1987, his M.Sc. in electrical engineering (Electric Utility Management Program) from New Mexico State University in 1991 and his Ph.D in economics (environmental and regulatory concentration) in 1997, from the University of Wyoming.
Dr. Turner was first engaged as an advisor to NACEL Energy in August 2008. During the period leading to his appointment as Chief Executive Officer, Dr. Turner played an integral role in both refining and implementing the Company’s wind power facility development strategies and initiatives. Prior to his association with NACEL Energy, Dr. Turner was most recently Managing Director of People’s Energy Resources Corp. (PERC), an affiliate of Peoples Energy of Chicago, IL. During his tenure at PERC, Dr. Turner was responsible for the development of electric power generation facilities and asset acquisitions.
Dr. Turner was previously a founding principal of Cornerstone Energy Advisors, a boutique mergers and acquisition firm which provided strategic and financial advice concerning $2 billion of acquisitions and divestitures of natural gas, oil and coal-fired electric generating facilities.
In 1999-2000, Dr. Turner served as an Assistant Professor of Economics at New Mexico State University and as a consultant to the New Mexico Attorney General concerning the deregulation of electrical markets.
About NACEL Energy Corporation (OTCBB: NCEN)
NACEL Energy is one of the first publicly traded companies in America exclusively developing clean, renewable, utility scale, wind energy. The Company has commenced work at its Leila Lakes, Hedley Pointe, Swisher, Channing Flats and Blue Creek projects, all located in the Texas Panhandle, and currently anticipates generating 100 MW, or more, of new wind power upon their completion. In addition, the Company continues its work assessing the feasibility of wind power project opportunities in Arizona, Kansas, Illinois and the Dominican Republic. For more information visit our website www.nacelenergy.com NACEL Energy The WIND POWER COMPANY(TM.)