Wednesday, December 17, 2008

Interesting Turn of Events

Navajo Pursuing Wind Projects in China

Navajo Wind Energy Corp. (the “Company” and formerly Caliber Energy Inc.) (Pink Sheets: CLBN), a renewable energy company focused on creating electricity from the power of wind, is pleased to announce that the Company is negotiating to finalize the installation of a wind turbine equipment facility in the Republic of China. With this project in operation, the Company expects to secure its viability well into the future.
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Source: Business Wire

Note: I'm not sure what to make of this. Our own Native American tribes...investing offshore? On the one hand, why not? On the other hand, why so? I thought their objective was toward "improving energy resource governance within the Navajo Nation."

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