Mesa, AZ, October 15, 2005 - Panama Wind Energy
Ken Hicks, Centripetal President and CEO, announced today that the company is working Panamanian political officials
and local enterprises regarding the formation of a JV entity which would develop certain portions of Central Panama
for the use of producing wind energy. These local enterprises have secured the rights to over 10,000 acres of prime
As Mr. Hicks states, "Our first project is a proposed 200MW wind park that will be developed in two phases.
The power produced will be used to support the local economy and growing infrastructure needs of Panama, while
at the same time a certain portion of the energy will be diverted remote locations of Panama that do not power.
We are extremely excited about the possibilities of the project and look forward to working with the local Panamanian
officials to make the project a reality".
CDI will also construct and advanced blade-manufacturing facility in Panama to support the development of the wind
turbines. The blade manufacturing plant will be used to develop and supply turbine blades to the multiple sites
that CDI is developing throughout Latin America. CDI is working with officials in Mexico, Guatemala, Argentina,
Venezuela and Australia to developed wind parks that if completed could total over 5000MW of installed capacity.
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