Juhl Energy, Inc. announced the recent acquisition of two wind energy projects located in western New Brunswick, Canada from Terravis Wind. The projects are being developed under NB Power's "Embedded Generation" program, which is designed to allow Independent Power Producers to sell electricity to the NB Power distribution system at a fixed, stable price and under a long-term contract. The two projects have successfully secured Interconnection and Power Purchase Agreements with NB Power and are currently in the final stages of development.

Juhl Energy expects to secure and finalize project financing by the third quarter of 2013 and to commence on-site construction activities by the fourth quarter of 2013.