SUNEDISON RECEIVES VAST AMOUNTS OF US GRANTS AND LOAN GUARANTEES

This should come as no surprise! SunEdison received huge amounts of US Government grants and loan guarantees under the Obama administration! Most of them from wind or wind related projects! Is the veil finally going to be pulled back?

http://seekingalpha.com/article/4042276-sunedison-shareholder-uncov...

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Comment by Barbara Durkin on February 3, 2017 at 12:46pm

Me too, Pineo.  We have all been blowing a silent whistle for too long.

I just posted this comment on Seeking Alpha-

Great article. Hundreds of people familiar with UPC 'First Wind business practices have filed complaints with the DOJ, NY AG, SEC and the FERC. We have been ignored in our warnings about the ENRON business model to the detriment of SunEdison investors.
5/3/08 ‘Enron's ghost carried on the wind...Robert Bradley is a 16-year veteran of ENRON, seven of which he spent as a speech writer for Ken Lay. “As Bradley sees it, most of the "green energy" programs that are all the rage now date to initiatives supported by ENRON.”'Robert L. Bradley, Jr.: Obama's Enron Problem'
http://bit.ly/23M98vD
First Wind Steve Vavrik Vice President, Origination was with ENRON in London in a project development and gas trading capacity. His role at ENRON included trading natural gas forward contracts and negotiating structured power deals.
UPC First Wind President Michael Alvarez is responsible for First Wind operations and assets. After beginning his energy career with GE Capital, he joined ENRON in London.
The former Director of First Wind was Patrick Wood III. Senator Levin, below, was addressing the future Director of First Wind, Patrick Wood III, then FERC Chairman (due to Ken Lay's recommendation to President George W. Bush). Wood was charged as FERC Chairman to address corporate fraud by ENRON.
But, Wood was "Asleep at the Switch", per:
Senate Government Affairs November 12, 2002 ASLEEP AT THE SWITCH: FERC'S OVERSIGHT OF ENRON CORPORATION--VOL. I
107th Congress transcript states-(addressing FERC Chairman Patrick Wood III):Senator Levin: “The Enron scandal began by exposing dishonest accounting at a number of major U.S. companies that, unbeknownst to most, had begun to eat away at the reliability of their financial statements. It has since exposed the conflicts of interest that have made investors distrust investment reports issued by leading U.S. financial firms. It has exposed how those firms have become unwilling participants in shell companies, phony trade deals, and complex financial transactions used to inflate earnings, hide debt, and increase stock prices..”Levin: “corporate executives have walked away from corporate disasters with millions in their pockets, often from exercising stock options, while pension funds, investors, employees and creditors have lost everything.”
[cut]. http://bit.ly/2kafS4m...
First Wind Director Wood is the Former FERC Chair who failed to address energy market manipulation that led to the CA Energy Crisis, and a long-time promoter of ENRON's Ken Lay. See FTCR’s Letter to FERC Chairman Pat Wood, III 6/15/04, here-
http://bit.ly/2l3ROhU-...

03 Feb 2017, 12:17 PM Edit/Delete

Comment by Pineo Girl on February 3, 2017 at 12:02pm

I hope this is only the beginning - That the truth will all come out!  

Comment by Barbara Durkin on February 3, 2017 at 11:02am

Thank you for Posting this, Pineo Girl.  I'm sorry that I duplicated it.  Must have been writing as you were on this task.  Great news! 

Thank You! 

Barbara Durkin

 

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/

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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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