Navajo Wind Energy Corp (CLBN)

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Navajo Acquires Chinese Wind Farm and Power Company

ATLANTA--(BUSINESS WIRE)--Navajo Wind Energy Corp. (the “Company” and formerly Caliber Energy Inc.) (Pink Sheets: CLBN - News), 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.


Contact:
Navajo Wind Energy, Corp.
Peter Wong, 800-598-2034 ext 109
Investor Relations
[e-mail]