Juhl Wind Inc. (JUHL) Completes Purchase of $400k Controlling Interest in Woodstock Hills Wind Farm
Juhl Wind Inc., a community-based wind power development and management company, today announced it has completed its acquisition of the 10.2 megawatt, Woodstock Hills wind farm located near the company’s headquarters in Woodstock, Minn. Juhl originally developed the Woodstock Hills wind farm and put it into service in 1999 with two companies serving as institutional investor partners. Juhl paid $400,000 to acquire a controlling, 99.9 percent stake alongside the .1 percent local owner, which in this case is an entity controlled by company CEO Dan Juhl. “Our acquisition of the Woodstock Hills wind farm is the first step in a…