EOS leans on SED for wind power expertise in new renewable energy business.

Hancock, MA – EOS Ventures, LLC announced it’s partnership in a press conference today with Sustainable Energy Developments, Inc. (SED). The partnership brings SED and Brian Fairbank, co-owner of Jiminy Peak Mountain Resort, full circle in the renewable energy industry.

On August 15th, 2007 the then 12-person staff of (SED) gathered a top Jiminy Peak Mountain Resort to celebrate it’s biggest accomplishment. Biggest in size that is - it was the ribbon cutting of Jiminy’s 1.5 megawatt wind turbine, a project SED developed from the initial feasibility study to construction management during the installation. After the celebration the SED management team, made up of seven James Madison University alumni, headed back to headquarters fully knowing it would not be their final venture with Brian Fairbank, co-owner of Jiminy.

That brings us to present day, SED sits comfortably in a new office with a now 17-person staff, a new look on the website, 10 large scale projects in the 2008 calendar, and now a strategic alliance with EOS Ventures, LLC. EOS provides a one-stop resource for project expertise, management and ownership to install a turn-key alternative energy unit at your site via a long long-term power purchase agreement.

Brian Fairbank announced his neweast endeavor into the renewable energy industry today. EOS is a company co-owned with his son and former president of the Berkshire Economic Development Corp. Tyler Fairbank as well as co-owner of Jiminy Peak Mountain Resort Joseph O’Donnell. Tyler Fairbank, who will serve as CEO of the company, along with the other two owners have called upon SED to develop and construct wind power projects.

Jiminy’s wind turbine generated more media exposure than Brian Fairbank thought possible. During the installation process and once the blades started spinning he received calls, e-mails, letters and even visits from people who wanted to make their companies, schools, municipalities and farms more sustainable. “More than three years ago, we embarked on a journey and we didn’t know where it was going to take us. We took the fork less traveled and boy, has it made all the difference,” Brian Fairbank said. “We had no idea we were paving the way for something new and exciting and setting an example for others to follow.”

Both Tyler and Brian have seen the positive results of wind energy and along with SED share the same thoughts on the need for building a more sustainable Massachusetts, Northeast United States and world. “With the need to stabalize energy costs and supply it is simply not a good enough reason to say we don’t want to see wind turbines anymore,” said Kevin Schulte, Co-owner and Vice President for Business Development of SED. “I am very excited that in the spirit of SED, founded by a group of old college friends, we can be apart of this exciting new venture with EOS, another group of friends.”

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