Posted on 26 July 2010.
Wind power is growing and becoming one of the most popular energy source throughout the planet. The United States has a great geographic market and gets approximately 17 BILLION kilowatts of electricity from the energy source of wind power. We believe CBWP is the company that has the answers to wind energy production. They offer experienced professional services covering all stages of project development. Crownbutte’s project development of wind energy is successfully used throughout the Midwest.
CBWP is down to a low penny stock $0.15 and is looking good for a major rebound. As you can see CBWP running up the chart slowly and we believe CBWP will have a strong breakthrough early this week. In March 2010 CBWP has hit a high of $0.98. CBWP may break through it’s previous high with there unique approach of wind energy production.
3 Facts on CBWP
#1 : CBWP developed and installed the first utility-scale wind project in the Dakotas at Chamberlain, South Dakota, and later sold this park to one of the largest power cooperatives in the United States.
#2 : This was followed by the development of a 20 MW, expandable to 30 MW, project in Baker, MT which was sold at late stage to Montana-Dakota Utilities.
#3 : CBWP Accepts Terms for $37.5 million in Project Financing: Mandan, ND, March 3, 2010 — The board of directors of Crownbutte Wind Power, Inc. (OTC Bulletin Board: CBWP) has approved and signed a non-binding term sheet with iStreet Global for $37.5 million in debt financing for the company’s Gascoyne I, 19.5 MW wind project in Bowman County, North Dakota. A binding agreement will be executed upon successful completion of the due diligence phase and disbursement of funds is expected to begin no later than April 30, 2010. (source: http://www.crownbutte.com/NewsItemID-14-NewsItemDetail.aspx)
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