First Wind Energy Systems and First Wind Energy LLC and “First Wind” were sold to Caliber Energy

First Wind Energy Systems and First Wind Energy LLC and “First Wind” were sold to Caliber Energy that is Navajo Wind noticed in multiple press releases on July 14, 2009. PINKSHEETS: CLBN

 

The:   “US Securities and Exchange Commission’s” Operation Shell-Expel” 2/14 expelled Caliber.  Caliber (Navajo) had announced a new office in  Xinjiang China, and represented company headquarters in Atlanta, CA, and Atlanta, Georgia, and in Beverly Hills.  Navajo said it had accepted delivery of 53 wind turbines for $65 million for a project in China.  While the company, according to the SEC, was a rented only mailbox and outgoing only line.

 

 February 2014:  “Operation Shell-Expel” included Caliber and Calibre among 254 shell companies suspended by the SEC crack down on financial fraud.  In an SEC described “extremely rare” case SEC required suspended stocks to be relisted only if the company could demonstrate it is operational

http://www.sec.gov/litigation/complaints/2011/comp22125.pdf

The 255 SEC suspended include Caliber Energy and Calibre Energy, the list:
http://www.sec.gov/litigation/suspensions/2014/34-71465.pdf

 

Note that First Wind Holdings Inc. [WIND] Ticker or Trading Symbol beneficial ownership on 10/27/2010 Reporting Person is Patrick Wood with Power of Attorney for First Wind Holdings Inc. Source:  SEC (10K)

 

Note that Xinjiang, China is Goldwind and Caliber (Navajo) Energy corporate headquarters.  Caliber and First Wind, First Wind Energy LLC, and First Wind Energy Systems were sold to Caliber Energy that is Navajo Wind building wind projects in China.

 

Or not..

(most of the following is in chronological order)-

 

Navajo Wind Energy - a house of cards?

By Matthew Donovan 4/1/2009 10:01:19 PM GMT

 

ATLANTA, GA.: Atlanta-based Navajo Wind Energy (PINK SHEETS: CLBN) has issued a large number of press releases, touting its success in entering the Chinese wind power market. However, some evidence suggests that the company's business foundations may not be as solid as indicated.

 

In the past few months, Navajo claims to have received a letter of intent for US$50 million of financing for a 200 MW wind farm in Xinjiang, China, valued at US$450 million and agreed to work with Mingchuang Energy Manufacturing Co. to create a joint venture on wind projects in China. According to a statement issued by Navajo, the two companies have signed a turbine supply and purchase agreement for 80 turbines for the company's Xinjiang wind farm project.

 

While Navajo's position sounds enviable, the company appears to be having problems. Pink OTC Markets has discontinued the display of quotes on pinksheets.com for the company's securities because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities.

 

According to Pink OTC Markers, Navajo has been labeled Caveat Emptor for one of the following reasons: questionable promotion, spam, investigation of fraud, suspension/halt, disruptive corporate actions, unsolicited quotes or other public interest concerns.

 

Consequently, Pink OTC Markets has removed the quotes from its Web site until adequate current information is made available by Navajo and until Pink OTC Markets believes there is no longer a public interest concern.

 

In a statement dated March 20, Navajo said it was in the process of filing current information with Pink Sheets and "working diligently compiling its information for filing with the Pink Sheets OTC disclosure and news service to update our corporate disclosure."

 

This article continues…

http://www.energycurrent.com/index.php?id=3&storyid=17141

 

Patrick Wood III  

Mr. Wood serves as a Director of

TPI Composites, Inc.,

May 19, 2010

TPI announces more layoffs at Newton wind blade plant

By PETER HUSSMANN

TPI Composites in Newton is reducing its workforce again, just weeks after laying off an unstated number of employees and now bringing total employment to less than half of the 500 employees working at the wind blade plant just four months ago.

In a statement issued shortly after 1 p.m. the Scottsdale, Ariz.-based manufacturer of wind blades said the layoffs are necessary as it continues to "restructure its operations" in Newton.

Pat Wood Director of Range Fuels Inc. since June 2008,

 

DOE is doing a lot of soul searching at the behest of the White
House because of the dearth of bio-energy project successes. Political pressure
will not make it happen, money will not make it happen, but a serious well
developed , innovative, simple process and technology will.
Below are some of the massive failures:
Occidental's flash pyrolysis unit in Sad Diego: $100mm
Britestar/EDL pyrolysis unit in Australia: $200mm
Range Fuels: $300mm

 

Pat Wood Director Quanta Services Inc. since May 24, 2006,

 

PRESENT DAY-QUANTA SERVICES UNDER INVESTIGATION BY SEC:

SEC asks Quanta Services to preserve FCPA-related documents

By Julie DiMauro | Monday, May 12, 2014 at 6:28AM

The Securities and Exchange Commission asked Quanta Services Inc. to preserve documents tied to its Foreign Corrupt Practices Act compliance program, the company said in a securities filing Thursday.

Houston-based Quanta Services provides engineering, procurement and construction services for infrastructure.

It said the SEC is looking into its operations in foreign countries, including South Africa and the United Arab Emirates.

 

Pat Wood Director, Part Owner of Sunpower,Inc. since September 2005.

 

SunPower Corporation  Director and 10% Owner Patrick Wood III is Director of TPI Composites, and Director of First Wind,

SunPower: Twice As Bad As Solyndra, Twice As Bad For Obama

Congressman's son lobbied for failing solar panel company

by Neil W. McCabe

10/11/2011

 

How did a failing California solar company, buffeted by short sellers and shareholder lawsuits, receive a $1.2 billion federal loan guarantee for a photovoltaic electricity ranch project—three weeks after it announced it was building new manufacturing plant in Mexicali, Mexico, to build the panels for the project.
 
The company, SunPower (SPWR-NASDAQ), now carries $820 million in debt, an amount $20 million greater than its market capitalization.  If SunPower was a bank, the feds would shut it down.  Instead, it received a lifeline twice the size of the money sent down the Solyndra drain. Cut continues, here-

http://www.humanevents.com/2011/10/11/sunpower-twice-as-bad-as-soly...

 

http://investing.businessweek.com/businessweek/research/stocks/peop...

 

Patrick Wood Director of First Wind Energy Systems

 

Please Note:

SOURCE: Navajo Wind Energy Corp.

 

Jul 14, 2009 16:02 ET

Navajo Wind Acquires First Wind Energy Systems

ATLANTA, GA--(Marketwire - July 14, 2009) - Navajo Wind Energy Corp. (the "Company" and formerly Caliber Energy Inc.) (PINKSHEETS: CLBN) announced today that it has completed its acquisition of First Wind Energy Systems, a company that specializes in community scale wind turbine systems. The acquisition of First Wind Energy Systems ("First Wind") brings smaller wind turbine expertise to Navajo Wind to enhance and expand its community wind power product and service offerings.

 

Patrick Wood III is First Wind Energy Systems Director, who on May 12, 2010 (Wood) joined the Board of Directors of First Wind which was concurrent (2010) events in China :

US: Chinese turbine manufacturer Goldwind has appointed First Wind vice-president and chief financial officer Tim Rosenzweig to be the CEO of Goldwind USA.   Fast forward…

Also---Announced Oct. 8, 201:   SolarReserve CEO is Rosenzweig who has left Goldwind USA he founded.

 

Navajo--

SOURCE: Navajo Wind Energy Corp. 

Jul 14, 2009 16:02 ET

Caliber Energy Inc. Opens New Corporate Office in Xinjiang China

05/18/2009

Caliber Energy Inc. announced that on May 12, 2009, the company launched the new Xinjiang Wind Farm Corporate Office. 

Pink Sheets: CLBN Stock quote and news - Caliber Energy [exposed]

 

Jul 14, 2009 16:02 ET

SOURCE: Navajo Wind Energy Corp.

Navajo Wind Acquires First Wind Energy Systems

ATLANTA, GA--(Marketwire - July 14, 2009) - Navajo Wind Energy Corp. (the "Company" and formerly Caliber Energy Inc.) (PINKSHEETS: CLBN) announced today that it has completed its acquisition of First Wind Energy Systems, a company that specializes in community scale wind turbine systems. The acquisition of First Wind Energy Systems ("First Wind") brings smaller wind turbine expertise to Navajo Wind to enhance and expand its community wind power product and service offerings.

http://www.marketwire.com/press-release/Navajo-Wind-Acquires-First-...

Merger/Acquisition

Caliber Energy Inc. (OTCPK: CLBN) acquired First Wind Energy LLC on July 14, 2009.CLBN's price was up 25.00% after the transaction was announced on 07/14/09.

Investor / Buyer

Caliber Energy Inc.

Key developments for Caliber Energy Inc. (CLBN)

http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ric=CLBN.PK

CALIBER ENERGY INC

(CLBN:OTC US)

LAST $0.0040 USD

CHANGE TODAY 0.00 0.00%

VOLUME 0.0

CLBN On Other Exchanges

As of 8:10 PM 01/21/11 All times are local (Market data is delayed by at least 15 minutes).

SnapshotNewsChartsFinancialsEarningsPeopleOwnershipTransactionsOptions

 

SOURCE: Navajo Wind Energy Corp.

 

Jul 14, 2009 16:02 ET

Navajo Wind Acquires First Wind Energy Systems

ATLANTA, GA--(Marketwire - July 14, 2009) - Navajo Wind Energy Corp. (the "Company" and formerly Caliber Energy Inc.) (PINKSHEETS: CLBN) announced today that it has completed its acquisition of First Wind Energy Systems, a company that specializes in community scale wind turbine systems. The acquisition of First Wind Energy Systems ("First Wind") brings smaller wind turbine expertise to Navajo Wind to enhance and expand its community wind power product and service offerings.

"The acquisition of First Wind Energy Systems is a perfect fit for Navajo Wind," stated Barry Doyle, CEO of Navajo. "First Wind extends our area of expertise and service coverage offerings into community scale wind projects by employing smaller wind turbines, an area virtually untouched by the wind development industry. First Wind's systems are designed to be installed in a wide spectrum of smaller site classifications such as residential, municipal utilities, bank branches, agricultural, general commercial, universities and other institutions."

 

"The acquisition of First Wind was always part of our plan to expand our business rapidly," continued Barry Doyle. "We think this sends a strong message that we want to be the leader in the community energy and small scale wind arena. The growth opportunities in this sector are enormous and there are very few entities with the capabilities that are brought to the market place by Navajo. Going forward, we will continue to consider opportunities to expand our business and will certainly be opportunistic when the right strategic fit presents itself. This acquisition demonstrates our wherewithal to get deals done to expand our business in the right way."

 

About Navajo Wind Energy

Navajo Wind Energy Corp. is a renewable energy company focused on the development of more than 500 megawatts of clean wind energy to drive its future revenues and growth. The Company is pursuing significant opportunities to provide clean wind power to the growing demand in China. With the key acquisition of wind farm and power trading company Guangzhou Jianianxiang Co. Ltd, Navajo will become one of only a few companies licensed to trade electrical power in and outside of China.

Navajo Wind Energy Corp.
Peter Wong
800-598-2034, ext. 109
Investor Relations
http://www.navajowindenergy.com/

Click here to see all recent news from this company

 

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NOTE that one day following Banks bailout of First Wind Debt, Caliber Energy (Navajo) signed a china wind deal.  Next--

Clean Tech July 21, 2009

Banks bail out First Wind’s debt with $191M

http://cleantech.com/news/4738/first-wind-brings-191m-financing

OTC BB - Pink Sheet Stock Gainers - 7/22/09

CALIBER ENERGY NEW (CLBN.PK) - Navajo Signs Wind Turbine Manufacturing Supply Agreement With China Lao Gaixian Wind L.P. With an Estimated Value of US$65 Million - Navajo Wind Energy Corp.

http://daytradingstockblog.blogspot.com/2009/07/hot-penny-stocks-72...

So, Wind River’s Ticker is the same as First Wind’s Ticker?  (WIND)?

SOURCE: Wall Street News Alert

Nov 06, 2009 09:38 ET

 

SAME TICKER (WIND) :

From a June 23, 2009 Class Action lawsuit against Wind River. Ticker (WIND) (same as First Wind)

http://courts.delaware.gov/OPINIONS/download.ASPx?ID=123680

A clip-

Wind River is a Delaware corporation with its principal offices in Alameda, California. Wind River engages in various lines of

computing businesses, including software and operating system development.  Wind River’s common stock trades on NASDAQ

under the ticker “WIND.” As of March 20, 2009, Wind River had approximately 76,500,000 shares of publicly-held common stock outstanding.

 

de Alert: Navajo Wind Energy -- November 6, 2009

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - November 6, 2009) - Wall Street News Alert's "stocks to watch" this morning are: Navajo Wind Energy Corp. (PINKSHEETS: CLBN), XTO Energy Inc. (NYSE: XTO), IMS Health (NYSE: RX) and Fuel Systems Solutions, Inc. (NASDAQ: FSYS).

Yesterday after the markets closed, Navajo Wind Energy Corp. (formerly Caliber Energy Inc.) (PINKSHEETS: CLBN) issued a press release announcing that it has taken delivery of 10 of the 53 wind turbines per the manufacturing supply agreement with China Lao Gaixian Wind L.P., represented by PCA Wind Power OA Inc., for its 120.80 MW wind farm project in Liaoning Province, China. Navajo Wind Energy is a renewable energy company focused on creating electricity from the power of wind.

The Agreement includes provisions for supplying the China Lao Gaixian Project with 53 complete wind turbines, as well as testing and commissioning services. The Agreement also provides for operations and maintenance services to be provided to China Lao Gaixian Wind L.P. over a two-year period. This agreement is anticipated to result in approximately US$65 million in revenue over its duration.

The stock closed yesterday at a Penny a share.

For an in-depth profile of Navajo Wind Energy, visit http://wallstreetnewsalert.com/view-company-profiles.php?profile=CL....

http://www.marketwire.com/press-release/Wall-Street-News-Alert-Trad...

Navajo Receives First Wind Turbines for China Lao Gaixian Wind Project

11/5/2009

Caliber Energy Inc. announced that it has taken delivery of 10 of the 53 wind turbines per the manufacturing supply agreement with China Lao Gaixian Wind L.P., represented by PCA Wind Power OA Inc., for its 120.80 MW wind farm project in Liaoning Province, China. The Agreement includes provisions for supplying the China Lao Gaixian Project with 53 complete wind turbines, as well as testing and commissioning services. The Agreement also provides for operations and maintenance services to be provided to China Lao Gaixian Wind L.P. over a two-year period. This agreement is anticipated to result in approximately $65 million in revenue over its duration.

http://www.realpennies.com/otc/CLBN/

Financial Times Guy Dinsmore November 12, 2009:

"Police said yesterday they had sent requests for documentation to five foreign companies – two in the Netherlands and three in Spain – that were linked to IVPC. Other companies in Ireland and the UK, said to be Italian affiliates of IVPC, have been asked by Italian authorities to provide information."

http://redneckusa.wordpress.com/2009/11/12/president-of-italian-win...

Goldwind appoints US CEO as part of Americas expansion

James Quilter, Windpower Monthly, 19 May 2010, 10:03am

US: Chinese turbine manufacturer Goldwind has appointed First Wind vice-president and chief financial officer Tim Rosenzweig to be the CEO of Goldwind USA.

http://www.windpowermonthly.com/go/northamerica/news/1004245/Goldwind-appoints-US-CEO-part-Americas-expansion/

May 24, 2010, 5:43 AM EDT

More From Businessweek

(By Bei Hu

May 24 (Bloomberg) -- Xinjiang Goldwind Science & Technology Co.,

May 24 (Bloomberg) -- Xinjiang Goldwind Science & Technology Co., China’s largest traded wind-turbine manufacturer, may raise $1.3 billion in a Hong Kong share sale, an e-mail sent to fund managers said.

The company, which already is listed on the Shenzhen Stock Exchange, plans to sell 395.3 million new shares, or a 15 percent stake, the note said.

Goldwind, based in the northwestern province of Xinjiang, started gauging demand from institutional investors today and plans to start taking orders on May 31, the document said. The sale will be priced on June 11 in the U.S. and the shares are scheduled to start trading in Hong Kong on June 22.

http://www.businessweek.com/news/2010-05-24/goldwind-said-to-seek-1-3-billion-in-stock-sale-update2-.html

Pat Wood, III has joined First Wind’s Board of Directors
Boston, Massachusetts, United States May 12, 2010

Past Chairman of the Federal Energy Regulatory Commission and Public Utility Commission of Texas to help guide growth of Boston-based wind energy company

First Wind, an independent U.S.-based wind energy company, announced on May 11 the addition of Pat Wood, III to the company’s Board of Directors. Mr. Wood brings with him an impressive record as Chairman of the Federal Energy Regulatory Commission (FERC) from 2001 to 2005 and the Public Utility Commission of Texas from 1995 to 2001, and is actively involved with a number of private companies and projects to increase clean power generation, independent power transmission and natural gas facilities.

By Kevin Borgia on May 20, 2010

Another major international player in the wind energy business will soon be calling Chicago home, as Chinese manufacturer Goldwind has announced plans to locate its North American headquarters in the city.

Goldwind's move to the Windy City is the latest in a string of major wind firms that have looked to Chicago as the most logical business center for their US operations, attracted by the city's central location, international airports, strong legal and financial expertise, and an experienced, educated workforce.

The firm also announced it has hired a talented pair of new executives to head the company, including Tim Rosenzweig as CEO and Matthew Olive as Director of Sales, both well-seasoned wind industry officials.

According to a press release from the company:

http://windonthewires.org/iwec/405/goldwind-to-locate-us-headquarte...

Wednesday, January 19, 2011 2:09 PM

 

Duke Energy Corp, AES China, a subsidiary of Virginia-based AES Corp, and Florida's UPC Management also entered into clean or renewable-energy projects with Chinese companies. UPC's Brian Caffyn said the company signed a deal for a joint venture with China Guodian Corp. to develop and operate one gigawatt of wind projects in China, an estimated $1 billion investment that will take about three years to complete.

CALIBER ENERGY INC

(CLBN:OTC US)

LAST $0.0040 USD

CHANGE TODAY 0.00 0.00%

VOLUME 0.0

CLBN On Other Exchanges

As of 8:10 PM 01/21/11 All times are local (Market data is delayed by at least 15 minutes).

SnapshotNewsChartsFinancialsEarningsPeopleOwnershipTransactionsOptions

text size: T | T

Back to Snapshot

Company Description

Contact Info

541 l0th Street NW

Suite 262

Atlanta, CA 30318

United States

Phone: 800-598-2034

Fax: 888-834-1572

www.navajowindenergy.com

Caliber Energy Inc., a renewable energy company, focuses on developing clean wind energy projects in the People’s Republic of China. The company’s projects range in size from 10 to 100 MW and would total approximately 500 MW of wind power.

Caliber Energy, Inc., an exploration stage company, operates as an oil and gas company. The company also has interests in mining and mineral properties. It has interests in Ritz Claims including two post mineral claims and four post mineral claims in the Lillooet Lake Region of Southwest British Columbia, Canada; and Tudor Gold Property consisting of twenty-two contiguous unpatented mining claims covering approximately 2,965 acres of land in eastern Ontario, Canada. The company was founded as Twin Ventures, Ltd. in 2002 and changed its name to Rincon Resources, Inc. in 2004. Later, it changed its name to Caliber Energy, Inc. in 2005. Caliber Energy is headquartered in Beverly Hills, Californ...

 

CLBN Details

Caliber Energy Inc. operates as a renewable energy company. It focuses on creating electricity from the power of wind. The company is based in Atlanta, Georgia.

http://www.realpennies.com/otc/CLBN

http://www.sec.gov/litigation/complaints/2011/comp22125.pdf

NOTE THE TICKER FOR Wind River and First Wind Holdings INC. is the same, WIND

 

Form 3 First Wind Holdings Inc. For: Oct 27 Filed by: Wood Patrick ...

 

 

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:

3235-0104

Expires:

February 28, 2011

Estimated average burden

hours per response

0.5

 

1. Name and Address of Reporting Person*

Wood Patrick III


(Last)

(First)

(Middle)

 

C/O FIRST WIND, 179 LINCOLN STREET, SUITE 500


(Street)

BOSTON

MA

02111


(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/27/2010

3. Issuer Name and Ticker or Trading Symbol
First Wind Holdings Inc. [WIND]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X

Director

10% Owner

Officer (give title below)

Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X

Form filed by One Reporting Person

Form filed by More than One Reporting Person

 

Table I - Non-Derivative Securities Beneficially Owned

1. Title of Security (Instr. 4)

2. Amount of Securities Owned (Instr. 4)

3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)

4. Nature of Indirect Beneficial Ownership (Instr. 5)

Class A Common Stock, $0.001 par value

0

D

 

http://www.sec.gov/Archives/edgar/data/1434804/000095010310003506/0...

First Wind moves to withdraw IPO registration  

Credit:  Globe Staff, www.boston.com 24 November 2010 ~~

First Wind Holdings Inc., the Boston-based wind farm developer, has asked the US Securities and Exchange Commission to grant the company’s request to formally withdraw its registration for an initial public stock offering, according to a regulatory filing made by First Wind.

 

 

First Wind Holdings Inc. (MM) NASDAQ: WIND

 

  

 

Wind River Systems, Inc.

Visual Financials

 

 

Company Name:

Wind River Systems, Inc.

Ticker Symbol:

WIND

CIK Number:

0000833829

WWW Address:

www.windriver.com

CEO:

Kenneth R. Klein

No. of Employees:

1,673

Common Issue Type:

CS

Business Description:

The Company develops, markets and sells operating systems, middleware and software development tools that allow its customers to develop, run, and manage their device products faster, better, at lower cost and more reliably.

http://www.advfn.com/stock-market/NASDAQ/WIND/financials

 

SEC 2/07/2011 about Caliber "pump and dump" fraud scheme that bought First Wind announced 7/14/2009:

 

 

UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF FLORIDA

Case No.:

SECURITIES AND EXCHANGE COMMISSION,

Plaintiff,

- against -

WALL STREET CAPITAL FUNDING LLC,

PHILIP CARDWELL, ROY CAMPBELL, and

AARON HUME,

Defendants.

COMPLAINT

Plaintiff Securities and Exchange Commission (“Commission”), for its Complaint against

defendants Wall Street Capital Funding LLC (“WSCF”), Philip Cardwell (“Cardwell”), Roy

Campbell (“Campbell”), and Aaron Hume (“Hume”) (collectively “Defendants”) alleges:

SUMMARY OF ALLEGATIONS

1. Defendants are stock promoters – they make their living repackaging “news”

released by penny-stock companies and distributing it along with their own, always optimistic

commentary.

Case 1:11-cv-20413-DLG Document 1 Entered on FLSD Docket 02/07/2011 Page 2 of 51

“Similarly, from January 2009 to November 2009 Defendants created and

distributed promotional material for Caliber Energy, Inc. (“Caliber” or “CLBN”), which

purported to be an Atlanta-based developer of wind-energy projects in China. Again, despite a

series of effusive announcements about its expanding business, Caliber’s headquarters were a

rented mailbox in a UPS Store and its phone line was an unattended, outgoing-only line.”

http://www.sec.gov/litigation/complaints/2011/comp21841.pdf

 

Greater Detail on the (above) “Case” 1:11-cv-20413-DLG Document 1 Entered on FLSD Docket 02/07/2011:

https://books.google.com/books?id=z2tWxV6jgloC&pg=PA30&lpg=...

October 8, 2013

Rosenzweig jumps from Goldwind USA he founded to Solar Reserve--

Prior to Goldwind, Rosenzweig was a co-founder and served as CFO of the Boston-based wind developer First Wind.  As one of the original members of First Wind's predecessor, UPC Wind, he led the company's capital raising, which exceeded $2.2 billion in debt, tax equity and private equity.  Prior to joining First Wind, he worked as a Vice President at a Nomura-backed private equity fund in New York and at GE Capital Market Services group in Hong Kong, Singapore and the US.

http://www.prnewswire.com/news-releases/solarreserve-appoints-tim-r...

Oct. 8, 2013

SolarReserve CEO is Rosenzweig who has left Goldwind USA he founded. 

Rosenzweig joined SolarReserve from Goldwind USA, the US subsidiary of Goldwind Group, where he was Chief Executive Officer. Goldwind Group is the largest manufacturer or wind turbines in China and the second largest globally. At Goldwind USA, which he founded in 2010, Rosenzweig built an accomplished team with significant presence in the wind industry. He also played a critical role in the creation of Goldwind Capital to provide financing for Goldwind projects throughout the Americas.

Rosenzweig served as Chief Financial Officer of the Boston-based wind developer, First Wind. As one of the co-founders of First Wind’s predecessor, UPC Wind, he led the company’s capital-raising efforts which exceeded $2.2 billion in debt, tax equity and private equity.

- See more at: http://www.solarreserve.com/en/about/management/tim-rosenzweig-1#st...

 

http://www.solarreserve.com/en/about/management/tim-rosenzweig-1

 

February 7, 2014

China Business

China-linked firms among 255 US shell companies suspended by SEC

US regulator suspends 255 shell companies, including China-related firms, in latest crackdown on 'pump and dump' schemes

PUBLISHED : Friday, 07 February, 2014, 10:53am

UPDATED : Saturday, 08 February, 2014, 1:30am

http://www.scmp.com/business/money/markets-investing/article/142276...

 

SEC suspends 255 more companies.  Please note Caliber Energy and Calibre Energy are among them:   

http://www.sec.gov/litigation/suspensions/2014/34-71465.pdf

 

http://www.scmp.com/business/money/markets-investing/article/142276...

The “US Securities and Exchange Commission’s” Operation Shell-Expel” results in trading suspension for 255 shell companies on February 3, 2014. 

OilPrice.com 2/10/14 (clip)

The US Securities and Exchange Commission (SEC) has suspended 255 shell companies from trading from 3 February through 14 February to prevent “pump and dump” fraud, and stocks will not be relisted if companies fail to prove they are operational.

The suspension took hold at the start of trading on 3 February and will end at 11:50 p.m. on Feb. 14. Suspended stocks can't be relisted unless the company can prove it is still operational, a requirement that the SEC said was "extremely rare."

The 255 SEC suspended include Caliber Energy and Calibre Energy, the list:
http://www.sec.gov/litigation/suspensions/2014/34-71465.pdf

Caliber is Navajo is a scam according to the SEC. 

 

So, None of the following actually occurred???!??

 

Navajo Wind Energy Corp. - Alternative Energy - Deals and Alliances Profile (Global Data)

  • Market: Environmental
  • Published Date: 25 Mar 2011
  • Report Title: Navajo Wind Energy Corp. - Alternative Energy - Deals and Alliances Profile
  • View Report Summary: View Report Summary
  • Report Type: Company Profile
  • Country: Global
  • Number of Pages: 16

Table of Contents 2
List of Tables 3
List of Figures 3
Navajo Wind Energy Corp., Alternative Energy, Deals By Year, 2005 to YTD 2011 4
Navajo Wind Energy Corp., Alternative Energy Deals By Type, 2005 to YTD 2011 5
Navajo Wind Energy Corp., Alternative Energy, Deals By Region, 2005 to YTD 2011 6
Navajo Wind Energy Corp., Alternative Energy, Deals By Sector, 2005 to YTD 2011 7
Navajo Wind Energy Corp., Alternative Energy, Deals Summary, 2005 to YTD 2011 8
Navajo Wind Energy Corp., Alternative Energy, Deal Details 9
Partnerships 9
Navajo Wind Energy Enters Into Joint Venture With Mingchuang Energy Manufacturing 9
Asset Finance 10
Navajo Wind Energy Completes Project Financing Of $50 Million For Xinjiang Wind Farm Project, China 10
Acquisition 11
Navajo Wind Energy Acquires First Wind Energy 11
Navajo Wind Energy Acquires Guangzhou Jianianxiang 12
Recent Developments 13
New Contracts 13
Jul 21, 2009: Navajo Wind Enters Into Wind Turbine Manufacturing Supply Agreement With China Lao Gaixian 13
Operations Updates 13
Nov 05, 2009: Navajo Wind Energy Receives First Wind Turbines For China Lao Gaixian Wind Project 13
Strategy and Business Planning 13
May 18, 2009: Navajo Wind Opens New Xinjiang Wind Farm Corporate Office 13
May 11, 2009: Navajo Wind Receives Final Approval For Xinjiang Wind Farm PPA From Local Government 13
Feb 23, 2009: Navajo Wind Forms Alliance With Wind VID For Wind Turbine Technology Designs 14
Feb 16, 2009: Navajo Wind Secures Additional 200 MW Wind Project Site In Xinjiang, China 14
Dec 17, 2008: Navajo Wind To Finalize Wind Turbine Equipment Facility In China 14
Other Significant Developments 14
Mar 17, 2009: Navajo Wind Appoints New SVP, Finance 14
Mar 02, 2009: Navajo Wind Receives $2.5 Million Credit Line From XDCL 15
Appendix 16
Methodology 16
About GlobalData 16
Contact Us 16
Disclaimer 16

List of Tables

Navajo Wind Energy Corp., Alternative Energy, Key Facts 1
Navajo Wind Energy Corp., Alternative Energy, Deals By Year, 2005 to YTD 2011 1
Navajo Wind Energy Corp., Alternative Energy, Deals By Region, 2005 to YTD 2011 1
Navajo Wind Energy Corp., Alternative Energy, Deals By Sector, 2005 to YTD 2011 1
Navajo Wind Energy Corp., Alternative Energy, Deals Summary, 2005 to YTD 2011 1
Navajo Wind Energy Corp., Alternative Energy, Deals By Year, 2005 to YTD 2011 4
Navajo Wind Energy Corp., Alternative Energy Deals By Type, 2005 to YTD 2011 5
Navajo Wind Energy Corp., Alternative Energy, Deals By Region, 2005 to YTD 2011 6
Navajo Wind Energy Corp., Deals By Sector, 2005 to YTD 2011 7
Navajo Wind Energy Corp., Alternative Energy, Deals Summary, 2005 to YTD 2011 8
Navajo Wind Energy Enters Into Joint Venture With Mingchuang Energy Manufacturing 9
Navajo Wind Energy Completes Project Financing Of $50 Million For Xinjiang Wind Farm Project, China 10
Navajo Wind Energy Acquires First Wind Energy 11
Navajo Wind Energy Acquires Guangzhou Jianianxiang 12

List of Figures

Navajo Wind Energy Corp., Alternative Energy, Deals by Type, 2005 to YTD 2011 1
Navajo Wind Energy Corp., Alternative Energy, Deals By Year, 2005 to YTD 2011 4
Navajo Wind Energy Corp., Alternative Energy, Deals by Type, 2005 to YTD 2011 5
Navajo Wind Energy Corp., Alternative Energy, Deals By Region, 2005 to YTD 2011 6
Navajo Wind Energy Corp., Alternative Energy, Deals by Sector, 2005 to YTD 2011 7

Back to Report

http://www.companiesandmarkets.com/table-of-contents-for-navajo-win...

 

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Comment by Barbara Durkin on November 26, 2015 at 12:32pm

How true!  ENRON corporate fraud was never truly addressed by FERC Chair Patrick Wood III, later named Director of First Wind. 

Pat Wood III, as FERC Chairman, was tasked by President G.W. Bush to address energy market manipulation that led to the CA Energy Crisis, even while Wood was a long time promoter of ENRON’s CEO Ken Lay.

Wood's failure to address the US most notorious case of corporate fraud by ENRON  was sharply criticized by the Executive Director of the Foundation for Taxpayer and Consumer Rights Douglas Heller in their June 16, 2004 letter to FERC Chairman Pat Wood III that states, in part, link to letter below:   

 

California ratepayers remain at least $7 billion short of what they are due in refunds in large measure because the FERC, under your leadership, has failed to protect consumers from the illegal profiteering of energy companies and has refused to enforce the law so Californians can recover billions of dollars stolen from the state.

It is, of course, not just the outstanding refunds that you have withheld, but your unwillingness to bring energy companies to the table for contract renegotiation that is so offensive. The market manipulation began at least as early as June 2000, according to a Department of Justice indictment of Reliant. It continued - as evidenced by Enron's "Fat Boy/Death Star" memo, the conversations about manipulation involving AES and Williams traders as well as the new Enron tapes and a host of other indisputable proof -- through the 2001 blackouts and price spikes. This should provide you with incontrovertible evidence that the contracts must be abrogated or renegotiated.

Although you do not attempt to defend these indefensible tapes, your effort to deflect their relevance in this manner demonstrates your continued allegiance to your long-time promoter Ken Lay. But more importantly, your letter shows that you do not grasp the heinousness of this massive larceny.

http://www.consumerwatchdog.org/feature/ftcrs-letter-ferc-chairman-...

Comment by Eric A. Tuttle on November 26, 2015 at 12:24pm

When they drop to the level of Caliber $0.0000001 (unregistered) I would be happy, however they will have sold of the projects, taken their ill gotten profits and left the stockholders with little to show unless like ENRON - ENRON II gets yet another government bail out. (Again our taxpayer funds, funding foreign corporations through their U.S. office associations) Another reason a need for these trade agreements. 

Comment by Barbara Durkin on November 26, 2015 at 12:17pm

SunEdison (SUNE) -83.34% Year-to-Date November 25, 2015

http://money.cnn.com/quote/quote.html?symb=SUNE

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.”

Comment by Barbara Durkin on November 26, 2015 at 12:05pm

Thank you, too, Eric :)

Interesting...

August 19, 2015 UPC Renewables News-

UPC Renewables and SunEdison by joint venture have executed a PPA for a wind project in Indonesia. 

http://www.upcrenewables.com/news/

PRESS RELEASE: Consortium of UPC Renewables, SunEdison and Binatek ...

Jakarta 19th August 2015/PRNewswire/ — PT UPC Sidrap Bayu Energi, the joint venture project company of PT Binatek Energi Terbarukan, UPC Renewables Indonesia, and SunEdison, announced that it has signed a power purchase agreement (PPA) with PT PLN (Persero) for the Sidrap 70 Megawatt (MW) Wind Project in Sidrap, South […]
Comment by Eric A. Tuttle on November 26, 2015 at 11:00am

Thanks for taking the time to make an understanding of this confusing usage of a similar name Barbara.

This was my stumbling point some time back when doing research. I could not find the connection between that and current. I still can not make the dots connect (yet at least).

I was near sending out information to the STEWC coalition on the Bingham project when this became a dead end with Navajo/Caliber. So I had to withdraw that information due to uncertainty.  I can fully see and comprehend the UPC versions of the First Wind name usage.

I also see how this can be confusing. As a former employer "Guilford Industries" textile,  held the same name as a Rail corporation. Later after a lawsuit, the rail company retained the name, and the textile assumed "Guilford of Maine" Later under the Interface name. And the Rail now PanAm Rail.

I just do not want to be chasing the wrong Rabbit down the hole. And would rather err on the side of caution.

Again,  Thanks for this information that you have devoted your time to bring forth. 

Comment by Barbara Durkin on November 26, 2015 at 10:24am

Navajo/Caliber "pump and dump" fraudsters claim 750 KW wind turbines are for small scale, community wind projects by First Wind Energy Systems. 

But, ENRON (U.S. most notorious case of corporate fraud) provides specifications for 750 KW turbines they've installed around the world. 

http://physics.oregonstate.edu/~hetheriw/projects/energy/topics/doc...

Comment by Barbara Durkin on November 26, 2015 at 10:11am

Eric,

I think I'm following your point about community wind, small scale, used by scammers Navajo/ Caliber to describe First Wind Energy Systems.

Back in 2009, I searched for evidence that First Wind Energy Systems installed community, small-scale wind, or that it existed prior to Navajo/Caliber fraudulent press releases.  I couldn't find any evidence that First Wind Energy Systems was in business prior to 2009 Caliber/Navajo announcements. 

Do you, or does anyone reading this, suspect this is commercial or industrial wind development as represented by the SEC determined scammers now delisted?

"There is major breaking news coming from Navajo Wind Energy Corp. (formerly Caliber Energy Inc.) (PINKSHEETS: CLBN), as the company has just inked a wind turbine manufacturing supply agreement with an estimated value of US$65 Million.

Yesterday after the markets closed, the company, a renewable energy company focused on creating electricity from the power of wind, issued a press release announcing that it has signed a wind turbine manufacturing supply agreement (the "Agreement") for the delivery and commissioning of 53 750 KW wind turbines to China Lao Gaixian Wind L.P., represented by PCA Wind Power OA Inc., for its 120.80 MW wind farm project in Liaoning Province, China (the "China Lao Gaixian Project")."

http://www.realpennies.com/otc/CLBN/

Bear in mind that the Director of First Wind, Pat Wood, represents himself as Director of First Wind Energy Systems. 

Happy Thanksgiving! 

Comment by Barbara Durkin on November 26, 2015 at 9:48am

BEFORE THE

PUBLIC SERVICE COMMISSION OF UTAH

Sur-Rebuttal Testimony of

Paul Gaynor

 

Exhibit MWC 1.0 SR

"Did the change from UPC to First Wind have any impact on the company's structure or day-to-day operations?

A        No.  First Wind’s predecessor, UPC Wind Partners, LLC (UPC Wind), is the entity that filed the Application in this docket.  On May 1, 2008, UPC Wind changed its name to First Wind..."

(the above testimony is available as an attachment for download by request)

Next-

UPC Renewables

Brian E. Caffyn – Director

After an extensive career as a financier to the energy industry in the United States working for GE Capital and Heller Financial, Brian became President of Cannon Energy in San Diego CA managing over fifty people involved in developing, constructing, operating and maintaining over seven hundred WTGs in California.  In 1996, Brian was co-founder of UPC International Partnership CV II and oversaw and actively managed the establishment and build-out of its Italian operations – Italian Vento Power Corporation (IVPC) and related companies.  In 2000 he and Peter Gish established what was to become a highly successful wind venture in the US – UPC Wind Partners (now First Wind) where Brian served for several years as CEO and Chairman and remains on the Board.  Brian has successfully completed some of the largest wind energy projects ever financed while directing and managing the development, construction and operation of over 700MW of operating wind energy projects.  He has a Bachelors degree in Finance and Quantitative Methods from Babson College.  Mr. Caffyn oversees the general strategy for the businesses in China and lives in Hong Kong.

http://upcnarenewables.com/who-is-upc/team/

My read on this is that UPC and First Wind are indivisible per Gaynor.  The operation is the same. 

Thank you for your information, Kathy.  Happy Thanksgiving~ 

Comment by Kathy Sherman on November 26, 2015 at 3:45am
Here is direct on connection:
http://www.upcrenewables.com/indonesia/company/leadership-team/
For just one Asian country, but it lists Brian as USA. When I checked a few years ago, most of what I found was a nasty divorce. So when did the LLCs of UPC become the various LLCs of First Wind? Any record, say in Delaware where all is "incorporated" with no oversight when the biz applies to do biz in another state - maybe 30 minutes to get everything done.
Comment by Kathy Sherman on November 26, 2015 at 3:21am
The first time that I have seen SunEd blame their financial woes squarely on First Wind:
http://www.smarteranalyst.com/2015/11/25/needham-weighs-in-on-two-c...
Anyhow stock price sharply collapsed to $3.23 about 26% on the day.

Bet none of the interconnected above lost because they might well know the pyramid scheme is a bad bet, but TerraForm's bet was on those power purchase agreements with electric suppliers and especially municipalities and public coops. Very foolhardy to take a long-term PPA at a high price hoping that even though it is above market today, that it will give "price stability".
Today -11/26 at 2 am wind led the contribution to renewables in ISO-NE. Total RE 1603 MW of which 38% wind (30% each for trash and wood), so wind is high at 609.2 MW. great - wind slightly edged out coal which has been rising pre-retirement. Coal was only 534.4 MW (same for hydro). About 4600 MW of nuclear, much of it to shutter soon, is serving 43% of the minimal nighttime load.

If you want to voluntarily reduce demand today, shut off everything at 11:30 AM and don't put the game on near 3:30 PM.

And please remember, as we pray for sane energy policy this Thanksgiving, that intermittent electricity was supposed to be meeting increased need back 10 plus years ago when the dream was sold. It was not intended to replace base load. Just take some of the most polluting oil and coal generators down by now with little impact on capacity. The picture changed with recession and with adding much more closures of nuclear as well. The EIA gives figures for residential air conditioning, but not for residential emergency/back-up generators. We will all need them and at the same time bear the costs of sharp increase in energy costs since dereg in late 90s. And bear the cost of transmission, net-metering etc. to replace dispatchable baseload. We will need AC to keep turbine noise out. Who is doing the math? Rhetorical - the Maine Environmental and the fastest growing job categories - environmental consultants and lawyers.

 

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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