Navajo Acquires Chinese Wind Farm and Power Company
04 Febrero 2009 - 3:05PM
Business Wire
Navajo Wind Energy Corp. (the �Company� and formerly Caliber
Energy Inc.) (Pink Sheets: CLBN), is pleased to announce that the
Company has acquired Guangzhou Jianianxiang Co. Ltd. (�GJCL�), a
Chinese wind farm and power trading company. This strategic
acquisition is expected to give the Company a comparative advantage
in developing its wind power generating facilities in China. GJCL,
originally an electrical engineering firm, has evolved to focus on
the wind power generation industry over the last four years. During
this time, GJCL has honed their expertise and established
relationships with wind turbine manufacturers, property leasing
companies, installation contractors, power distribution
organizations, government authorities and is licensed to trade
electrical power in and out of China. The key alliance with GJCL
will allow the Company to accelerate the development and expansion
of its wind farm facilities in China and evaluate viable new
opportunities throughout the Asian Pacific Rim and abroad.
About Navajo Wind Energy
Navajo Wind Energy, Corp. is a renewable energy company focused
on the development of more than 500 megawatts of clean wind energy
to drive its future revenues and growth. The Company is pursuing
significant opportunities to provide clean wind power to the
growing demand in China. With the key acquisition of wind farm and
power trading company Guangzhou Jianianxiang Co. Ltd, Navajo will
become one of only a few companies licensed to trade electrical
power in and outside of China.
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