Axial Vector Energy Corp. (AXVC.PK) Signs Joint Venture Agreement, Establishes Position in Wind Power Industry
Axial Vector announced that it has formed a Joint Venture with Constellation Capital Management, LLC of Novato, CA. The Joint Venture will have the exclusive right to market Axial Vector’s proprietary generating equipment to replace existing generators in the nation’s wind power industry. The proprietary generators offer significantly greater increases in power generation, revenues and profits for each retrofit project. The Joint Venture, 80% of which is owned by Axial Vector, anticipates offering the cutting-edge generators to existing wind projects as an investment rather than a direct equipment sale. The proprietary generators’ advantageous ability to produce energy in low wind…