Renewables Now Elsewedy Electric Co (CAI: SWDY) and Marubeni Corp (TYO: 8002) last week signed a memorandum of understanding (MoU) with the Egyptian Electricity Transmission Company (EETC) for an up to 500 - MW wind project.
Why eye it: In September 1997 the company started airing commercials on an easy - listening radio station with demographics similar to those of the consumers who made up a big chunk of Tyo's business — buyers and sellers of upscale homes.