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NativeEnergy Becomes Native-Owned

August 2005 - NativeEnergy, a marketer of renewable energy credits (RECs) and greenhouse gas offsets, and the nonprofit Intertribal Council On Utility Policy (COUP), announced that COUP has acquired a majority interest in NativeEnergy on behalf of its member tribes. The equity investment will give the COUP tribes direct access to the retail market to sell the renewable power and RECs generated from tribe-owned wind farms. One of the initial strategic goals of the acquisition is to facilitate the development of an 80-MW distributed wind project, to be built in 10-MW "clusters" at eight different COUP reservations. The new effort follows on the success of the Rosebud Sioux Tribe wind project, the first 100% Native American-owned and operated commercial-scale wind facility, which was built with significant support from NativeEnergy customers.

News Release - NativeEnergy is now Native-Owned (PDF 189 KB)

NativeEnergy Contact: Tom Stoddard (802) 425-3419
Intertribal COUP Contact: Patrick Spears (605) 945-1908

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