All Blog Posts Tagged 'First' (45)

Sunedison Inc (OTCMKTS:SUNEQ) Becomes Fireball for Shareholders (Must Read!)

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Sunedison Inc (OTCMKTS:SUNEQ) Becomes Fireball for Shareholders

By Gene Daniel -

July 27, 2017



SunEdison Inc (OTCMKTS:SUNEQ), as many expected, will now be a shell of itself and shareholders will be holding the bag. The judge overruled any objections to the exit financing despite letters from numerous shareholders of foul play.



For those new to the story, when the Obama Administration came into office, members of the… Continue

Added by Barbara Durkin on July 28, 2017 at 9:20am — No Comments

Jury returns with a whopping $13.6 million verdict against First Wind 11/18/16

In case you missed this case against First Wind...that failed to negotiate in good faith and breached their contractual obligation. 

EMEC Wins Verdict

EASTERN MAINE ELECTRIC COOPERATIVE WINS $13.6 MILLION JURY…

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Added by Barbara Durkin on January 18, 2017 at 6:01pm — 7 Comments

Wind developer seeks Special Permit to uproot its fleet of 63 turbines

It's vindicating for anti-wind activists like me to read criticisms of the wind industry by representatives of the the wind industry.

Illinois-  Renewable company claims 63 wind turbines, "are operating at a deficit", "are not efficient" and seeks to uproot them after only 13 yrs in operation according to management at  Dallas-based Leeward Renewable Energy that has applied for a Special Use Permit from Lee County Zoning…

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Added by Barbara Durkin on September 9, 2016 at 10:30am — No Comments

'The Real Reason David Einhorn Is Selling SunEdison'

Seeking Alpha

'The Real Reason David Einhorn Is Selling SunEdison'

Apr. 19, 2016 8:21 AM ET

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151…

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Added by Barbara Durkin on April 19, 2016 at 3:10pm — No Comments

TerraForm Power, Inc., disclosed to SEC First Wind’s projects suffer from an array of problems

Heartland.org

'Hawaii Wind Farm, Failing, for Sale'

H. Sterling Burnett

H. Sterling Burnett, Ph.D. is a Heartland research…
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Added by Barbara Durkin on April 19, 2016 at 1:30pm — 5 Comments

How many SunEdisons and Terraform Power versions are there? You'll be quite surprised!

Oh what a tangled web we weave.  When first we practise to deceive!

5304158

SUN EDISON DAVIS MONTHAN MANAGING MEMBER, LLC

3613722

SUN EDISON LLC

4463098

SUN EDISON MONITORING,…

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Added by Barbara Durkin on April 5, 2016 at 10:00pm — 2 Comments

SunEdison house of cards follows the same pattern of the crooked First Wind operation that cooked the books for years

...SunEdison house of cards follows the same pattern of the crooked First Wind operation that cooked the books for years...

Few know UPC First Wind so well as First Wind project neighbors, James Hall and his lovely wife, Judi, along with Alice, the most incredible and tireless researcher, and other concerned citizens at Cohocton Wind.  They delivered the goods on First Wind years ago and they're going strong.  God Bless Them!   

April 25, 2007,…

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Added by Barbara Durkin on April 5, 2016 at 9:30pm — 11 Comments

TerraForm Power, Inc., Chairman of the Board Ahmad Chatila (resigned) w/$7,707,079 package

SunEdison Holdings Corporation, a wholly-owned subsidiary of SunEdison, Inc. (“SunEdison”) designated Peter Blackmore Chairman of the Board of TerraForm Power, Inc., following the resignation of Chairman of the Board, Mr. Ahmad R. Chatila. 

As President and Chief…

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Added by Barbara Durkin on March 16, 2016 at 4:07pm — 1 Comment

SUNE “in the eye of the hurricane” with $571,800,000 in energy bonds due by 4/15/16

SunEdison (SUNE) is, "in the eye of the hurricane”, with $571,800,000 in energy bond payments due by 4/15/16, and deemed, "Most Likely To Default In The Next Six Months" 

ZERO HEDGE

These Are The Energy Bonds Most Likely To Default In The Next Six Months…

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Added by Barbara Durkin on March 16, 2016 at 10:00am — 2 Comments

The Rise and Fall of SunEdison

World’s largest renewable energy developer SunEdison has cut hundreds of jobs; faces class action lawsuits on behalf investors and “Boardroom Bloodletting”.  And, SunEdison is presently under restraining order issued by the New York court: 
Judge Ramos issued the TRO a day after Latin America Power shareholders sought an emergency hearing on the grounds that SunEdison “could suddenly and rapidly become insolvent” or move to dissipate assets…
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Added by Barbara Durkin on February 19, 2016 at 1:00pm — No Comments

'A REPORT ON HARVARD'S ENRON ENTANGLEMENTS'

History is the best indicator of the future...

A while back, I asked an investigative journalist to describe how he began his investigations.  He answered that he asked himself two questions. 

Questions:

"What's here that shouldn't be here?" 

And, "What's not here that should be here?"

Answer: 

Google:  Patrick Wood, III ENRON and note 257,000 results

Editor's note:  I have below underlined,…

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Added by Barbara Durkin on February 4, 2016 at 1:18pm — 2 Comments

UPC First Wind CEO is imbedded in green policy affecting his projects and New Englanders, but not alone...

UPC First Wind Paul Gaynor on 7/09/14 writes in his Boston Globe op-ed: 

(a clip)-

Thankfully in Massachusetts, we have been fortunate to have executive and legislative leadership that recognizes the need for energy policy that expands the use of clean energy and energy efficiency while saving ratepayers money. To date, those policies have been highly successful, expanding clean energy use while driving down prices.

Our leadership has an…

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Added by Barbara Durkin on February 2, 2016 at 4:47pm — No Comments

Protect and Preserve

I think it is time we watched this video again.

My friend Tom Olds and I created this a few years ago...and it is startling (and depressing) to realize how many of the rural landscapes which are showcased in this video have been lost to industrial wind development since that time.

Lincoln (Rollins Mountain, Rocky Dundee, at the hands of First Wind/SunEdison), Saddleback (Patriot Renewables), Roxbury/Record Hill (Angus King/Independence Wind), Oakfield (First Wind/SunEdison),…

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Added by Karen Bessey Pease on January 31, 2016 at 4:04pm — 3 Comments

"Maine is a vast repository of wind projects that are available to meet our (MA) power needs..."

MA former Executive Energy Secretary Ian Bowle's has written an op-ed for CommonWealth boasting the sacrifice of ME's citizens, and the sacrifice of the treasured integrity of Maine's mountains and viewscapes, for the benefit of Massachusetts residents.  

I hope that some reading this will consider responding to this op-ed:   …

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Added by Barbara Durkin on January 27, 2016 at 12:49pm — 3 Comments

Sun Edison "shedding" (giving back) projects they bought

http://www.bloomberg.com/news/articles/2016-01-22/sunedison-to-hand-solar-farms-right-back-to-the-previous-owners

In January 2015, SunEdison Inc. bought 2.1 gigawatts of wind and solar assets, part of the company’s multibillion-dollar, six-continent push to become the world’s biggest clean-power developer. A year later,…

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Added by Gary Campbell on January 22, 2016 at 8:38am — 1 Comment

Email sent to GPM 1/21/16 RE: First Wind sold to Caliber Energy (CLBN), too: & CLBN was subsequently suspended by SEC

January 21, 2016







RE:  SunEdison and (“GPM”) class action; First Wind sold to Caliber Energy (CLBN), too: & CLBN was subsequently suspended by SEC



Dear Attorney Portnoy:



As you are aware, SunEdison bought First Wind and within three months following, SUNE stock value plummeted 71.4%. 



Perhaps you are also aware that on…
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Added by Barbara Durkin on January 21, 2016 at 1:33pm — No Comments

Analysts at Credit Suisse explain how mounting liquidity fears led to the drop in SunEdison stock on Tuesday

More bad news for SUNE and investors...most of us forecasted this reality...

Analysts at Credit Suisse explain how mounting liquidity fears led to the drop in SunEdison stock on Tuesday

[clip]

SunEdison Inc. stock (NYSE:SUNE) has been highly volatile over the past six months. It slid down from $31 in July, to as low as $2.36 last week. On Tuesday, the stock fell another 10%. Other solar losers on…

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Added by Barbara Durkin on January 20, 2016 at 4:00pm — No Comments

Carroll Plt (site of First Wind's 4X denied Bowers project) asks to be removed from the Expedited Wind Permitting Area

You're probably aware that Maine's wind law created a large area that is "pre-zoned" as suitable for wind development. This means a wind developer can apply for a permit to build a project in that area without having to have the site re-zoned (the way every other industry would have to). The area is known as the expedited wind permitting area (EWPA). It was the wind developers themselves who decided what townships, etc. would become "expedited" (see proof…

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Added by Gary Campbell on January 5, 2016 at 11:01am — 4 Comments

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Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

Not yet a member?

Sign up today and lend your voice and presence to the steadily rising tide that will soon sweep the scourge of useless and wretched turbines from our beloved Maine countryside. For many of us, our little pieces of paradise have been hard won. Did the carpetbaggers think they could simply steal them from us?

We have the facts on our side. We have the truth on our side. All we need now is YOU.

“First they ignore you, then they laugh at you, then they fight you, then you win.”

 -- Mahatma Gandhi

"It's not whether you get knocked down: it's whether you get up."
Vince Lombardi 

Task Force membership is free. Please sign up today!

Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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