SOURCE: Solar Wind Energy Tower

August 24, 2015 08:30 ET

Solar Wind Energy Tower Retains Aldwych Capital Partners To Provide Investment Banking Services

ANNAPOLIS, MD--(Marketwired - August 24, 2015) - Solar Wind Energy Tower, Inc. (OTCQB: SWET) (the "Company"), the innovator and creator behind the Solar Wind Downdraft Tower structures capable of producing abundant, inexpensive electricity to meet the world's increasing demand, today announced that the Company has retained Aldwych Capital Partners, a special situations boutique investment banking firm, to advise and guide the Company on various strategic initiatives relative to our hybrid solar-wind clean energy Tower Projects in North America as well as Africa on matters such as project financing, mergers, acquisitions, and other financing opportunities.

Ronald Pickett, Chairman and CEO of Solar Wind Energy Tower, stated, "We are extremely pleased to add Aldwych as a key member of our professional advisors and we are excited about our working relationship on the AGP Tower Project in San Luis, AZ as mentioned last week, and our identical Tower Project located in San Luis Rio Colorado, Sonora, Mexico, located approximately 6 miles from the Tower site in San Luis, Arizona. We believe that with Aldwych's depth of experience within the alternative energy sector along with their strong governmental connections, our Company will be able to expand its business and deliver increased shareholder value."

Dan Nicholas, Senior Managing Director of Aldwych Capital Partners stated, "We are delighted to have the opportunity to work with SWET and help them achieve its goals and implement its strategy of a strong project pipeline with the right financial and operating partners."

About Aldwych Capital Partners
Aldwych is a special situations boutique investment bank focused on domestic and Emerging Market transactions including M&A advisory, Capital Markets, power project financing with a distinct focus on traditional and renewable energy, resources and infrastructure as well as various other special situation assignments in the domestic United States, Latin America and Sub-Saharan Africa. The Company is committed to supporting impactful change and progress in the regions in which we work. We recognize that the increasing convergence and interconnectedness of global markets, local people and regional economies are the fundamental drivers of global security and social improvement.

About Solar Wind Energy Tower, Inc.
Founded in 2010, Solar Wind Energy Tower, Inc., and its wholly owned commercializing subsidiary, Solar Wind Energy, Inc., is the inventor of the patented Solar Wind Downdraft Tower, which uses state of the art technologies and construction systems to produce abundant, inexpensive electricity, 24 hours a day, 7 days a week.

The Company's core objective and focus is to become a leading enabler of clean, efficient renewable energy to world communities, at a reasonable cost, without the destructive residuals of fossil fuels, while continuing to generate innovative technological solutions to meet tomorrow's electrical power needs.

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Cautionary Note Regarding Forward-Looking Statements
Statements included in this release may constitute "forward-looking statements". Actual results may differ materially from those projected in forward-looking statements. Such statements involve a number of risks and uncertainties such as competitive factors, technological development, market demand and the Company's ability to obtain new contracts and accurately estimate revenues, if any, due to variability in size, scope and duration of projects, and internal issues in the sponsoring client. Further information on potential factors that could affect the Company's financial results, can be found in the Company's various filings with the Securities and Exchange Commission (SEC).

Contact Information

  • Contact:
    Solar Wind Energy Tower, Inc.
    Phone: 410-972-4713