We are in active negotiations with two Midwest utilities to buy power from the first phases of the project.

For those that want a fixed payment, our plan provides landowners with a competitive turbine lease payment option.

For those that are more interested in ownership, we offer the option of receiving a share of the company instead of a fixed lease payment. Ownership can be more lucrative than a fixed lease payment.

For those that want the best of both worlds, we offer a competitive ownership and leasing model. We are happy to address all options with interested community members. Emmet County Energy now has over 50 shareholders after its last round of fundraising in October, 2006.

• Wind Analysis: National Wind Assessments, formerly Romuld Wind Consulting of Grand Forks, ND, completed our wind assessment. Two on-site meteorological towers have been erected and are actively measuring wind speed, wind direction, and ambient air temperature in the wind farm project area.

• Environmental: Pinnacle Engineering, of Maple Grove, Minnesota, completed a preliminary environmental review of the project and did not find any significant obstacles to developing the project. They also obtained preliminary clearance from the Federal Aviation Authority (FAA). Snyder and Associates, of Council Bluffs, Iowa is actively working on local site permitting and environmental activities with respect to the project development.