Geronimo Energy Acquires Midwest Wind Energy’s Development Portfolio

  Geronimo Energy Acquires Midwest Wind Energy’s Development Portfolio

 Continues its growth through strategic acquisition of projects and expertise

Business Wire

MINNEAPOLIS -- March 26, 2013

Geronimo Energy announced today the acquisition of the project development
portfolio of Midwest Wind Energy (MWE), including near term construction-ready
projects in Illinois, Nebraska, and Wisconsin. The acquisition strengthens
Geronimo’s presence in the Nebraska and Wisconsin markets and brings it into
the Illinois market for the first time. Geronimo has also welcomed numerous
MWE employees to its team, where they will continue to develop and help market
the projects that they have been fostering for the past few years.

“Midwest Wind Energy has shown its ability to develop viable wind projects
while exhibiting the same dedication that we have towards helping rural
communities, so this was a nice fit for both of our organizations,” said Blake
Nixon, president of Geronimo Energy. “The Midwest projects complement our
portfolio very well and the employees that are joining our company will bring
valuable perspective to our team.”

“Geronimo is well positioned to advance these projects and to continue the
track record of success that Midwest Wind Energy established in the central
United States,” said Stefan Noe, president of Midwest Wind Energy. “We are
particularly pleased that our key staff will continue to be involved in these
projects so the transition will be seamless for the landowners, local
government officials, and utility partners in each project area.”

About Geronimo Energy
Geronimo Energy (Geronimo), based in Edina, Minnesota, is a developer of
utility-scale wind and solar energy projects throughout the United States.
Geronimo has developed three operating wind farms, including the recently
completed 200 MW Prairie Rose Wind Farm in southwestern Minnesota. Geronimo
has a strategic partnership with Enel Green Power, the second largest producer
of renewable energy in the world, which gives it the added expertise and
capital strength necessary to deliver on projects for customers and
communities. For more information about Geronimo Energy, please visit
www.geronimoenergy.com.

Contact:

Geronimo Energy
Tate Krosschell, 952-988-9000
tate@geronimoenergy.com
www.geronimoenergy.com
 
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