August 13, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Juhl Wind, Inc. (OTCBB: JUHL), a developer of wind power systems, said that it has executed a $10 million wind project development agreement with GL Wind a wind farm LLC formed by Gundersen Lutheran Hospital.

Gundersen Lutheran Hospital is a teaching hospital based in La Crosse, Wisconsin. It serves patients located throughout western Wisconsin, northeast Iowa and southeastern Minnesota.

The hospital, and GL Wind are planning a five megawatt-sized project that will be a community-owned and operated, wind-turbine electrical energy generation facility with an estimated cost of around $10 million.

According to Juhl, the project will be located in Southeast Minnesota and will consist of a locally controlled LLC made up of Gundersen Lutheran Hospital headquartered in La Crosse Wisconsin and an equity partner.

Juhl said it has been assisting Gundersen Lutheran in the development of the project since the Fall of 2009 and will now provide full-scale, development and construction oversight services for the project.

Juhl is forecasting that the GL Wind Farm is planned to begin construction in the 4th quarter of 2010 and should be completed in 2011. The project will be funded by the GL Wind LLC.

Minnesota-based Juhl Wind specializes in community based wind power development and management, focused on wind farm projects throughout the United States and Canada.

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