Solar Wind Energy Tower, Inc. (SWET) Obtains $3 Million Equity Facility Agreement Commitment
Solar Wind Energy Tower, the inventor of a large Solar Wind Downdraft Tower structure capable of producing abundant, inexpensive electricity, just announced that it has received a commitment from Beaufort Ventures, PLC to fund up to $3,000,000 over a period of up to 36 months under the terms of an Equity Facility Agreement. Ronald Pickett, CEO, commented, "Solar Wind Energy is rapidly approaching a turning point where all of the valuable research and intellectual property advancements will be deployed in direct pursuit of its first Solar Wind Energy Tower project. We are pleased to have obtained this $3,000,000 commitment, which…