Press Release: Wind farm developer sets Farwell meeting

Scandia Wind Southwest, LLC, a Texas wind farm developer, and the Parmerton Rhea, LLC landowner’s steering committee, have finalized land lease negations for the area of the Mariah Project in Parmer County, Texas.

Parmerton Rhea, LLC landowner’s steering committee has negotiated on behalf of the landowners. The Mariah wind power project encompasses more than 200,000 acres with boundaries north to the Deaf Smith County Line, south to Road 333, east to Highway 241, and west to Stateline Road.

Parmerton Rhea, LLC steering committee has recommended the agreement to the 425 landowners in Parmer County, and signing will now start, scheduled to be completed within January 9, 2010. The Parmerton Rhea LLC and Scandia Wind Southwest LLC met Monday November 30th in the Farwell Community Center for the process of signing individual land lease agreements with land owners who intend to become partners in the Mariah Wind Project in Parmer County.

“I am very proud of the spirit of corporation everyone has shown during the land lease negotiation phase. Through the process of the land lease negotiation, we have finalized a fair and balanced agreement between the Parmerton Rhea, LLC landowners and Scandia Wind Southwest, LLC. I want to thank the Parmerton Rhea, LLC steering committee for the many personal hours they devoted to the negotiations. Scandia Wind Southwest LLC looks forward to working with everyone as this project progresses.” says Jim Swafford CEO of Scandia Wind Southwest, LLC.

At approximately 3,000 MW, the wind farm will bring a 6 billion dollar investment to Parmer County.

“A wind farm would be a big boost for our area. With our CRP contracts not being renewed and our declining water table, the wind, something we always considered a nuisance, could actually end up being a great benefit to everyone. It would create a great number of jobs and industry that would significantly increase our schools tax base. This region has seen a lot of change in the past hundred or so years. Change is never easy. It may be time for something new” say’s landowner Criss Wyly of Parmer County

“We have been through a concentrated period of serious negotiations with Palmerton Rhea LLC. The dialog has been very constructive and we welcome the results. The contract offered by Scandia Wind Southwest to the landowners in Parmer County is very robust. Is delivers attractive financial lease terms to the landowners and are fair to both parties both in the short term and in the long term.” says Jens Borsting Petersen

About Scandia Wind Southwest, LLC

Scandia Wind Southwest, LLC is based in Parmer County, Bovina, Texas. Scandinavian partners are; Alpha Wind Energy Aps of Denmark and Havgul clean energy AS of Norway.