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Ex-Evergreen Solar CEO’s manse worth more than factory (Another failed green business in MA)
Boston Herald ^ | 8/13/2012 | Ira Kantor

Posted on 08/13/2012 8:57:31 AM PDT by pietraynor

Former Evergreen Solar CEO Richard Feldt’s five-bedroom, two-plus acre Hingham pad is on the market for $9.9 million, nearly $1.4 million more than what the company’s Devens factory sold for earlier this year.

The Bare Cove Lane property also boasts four bathrooms, a pool, stone terrace and 200 feet of frontage on Hingham Harbor, according to a real estate listing.

“The natural light is incredible. The views are spectacular. The finishes and millwork are masterful,” the listing says. “Rarely does a home of this caliber become available for sale.”

Feldt, who left Evergreen Solar in 2010 to become CEO of Wilmington-based electron emitter equipment maker Advanced Electron Beams Inc., purchased the home in 2006 for $4 million, according to property records.

Evergreen’s 450,000-square-foot factory in Devens was sold in March for $8.53 million. Marlboro-based Evergreen went bankrupt in August, five months after shutting down the Devens plant and wiping out more than 800 jobs


TOPICS: Crime/Corruption; News/Current Events
KEYWORDS: envirowhackos; greenenergy; greenjobs; greens; millionaires

1 posted on 08/13/2012 8:57:34 AM PDT by pietraynor
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To: pietraynor

Gee, I never got a chance to use my pool! Rats!


2 posted on 08/13/2012 9:07:25 AM PDT by RexBeach (Mr. Obama Can't Count.)
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To: pietraynor
Bad day for the “green jobs of the future.”

Another taxpayer-funded Fisker Karma “green” car caught fire during testing.

3 posted on 08/13/2012 9:12:26 AM PDT by mojito
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To: pietraynor

It’s a bit out of my price range, and I don’t really want to move to Taxachusetts anyway. But here’s the real estate description and photo:

http://www.realestate.com/detail/18-71340042-5-Bare-Cove-Lane-Hingham-MA-02043/


4 posted on 08/13/2012 9:17:19 AM PDT by Cicero (Marcus Tullius)
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To: Cicero

See all photos:

http://www.realestate.com/viewallimages/18-71340042-5-Bare-Cove-Lane-Hingham-MA-02043/


5 posted on 08/13/2012 9:18:44 AM PDT by Cicero (Marcus Tullius)
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To: pietraynor

I’m wondering if solar panel production in the US has increased or decreased since Obama was elected. 800 jobs is a lot of capacity. I’m not finding a good chart that is up to date.

I wouldn’t be surprised if American production is stagnant or declining.


6 posted on 08/13/2012 9:27:05 AM PDT by ecomcon
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To: pietraynor

A “manse” is the official, church-owned residence of a Presbyterian minister and his family (or her family, these days). A “mansion” is a big, fancy, expensive house, of a certain kind ... sort of a “you know one if you see one” thing.

Maybe the state can buy it and move some illegal immigrants in there ... perhaps Zero’s poor auntie, for example.


7 posted on 08/13/2012 9:48:10 AM PDT by Tax-chick ("You're screwed, losers. Steyn 2012!")
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To: pietraynor
Evergreen’s 450,000-square-foot factory in Devens was sold in March for $8.53 million. Marlboro-based Evergreen went bankrupt in August, five months after shutting down the Devens plant and wiping out more than 800 jobs

I wonder how many of their workers' wifes were dianosed with cancer after they lost their jobs.

8 posted on 08/13/2012 10:28:44 AM PDT by Cyclone59 (Obama is like Ron Burgundy - he will read ANYTHING that is on the teleprompter)
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To: Cyclone59

sorry

wifes s/b wives


9 posted on 08/13/2012 10:29:53 AM PDT by Cyclone59 (Obama is like Ron Burgundy - he will read ANYTHING that is on the teleprompter)
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To: pietraynor

Maybe it’s my eyes, but I can’t see a single solar panel anywhere in the pictures of the house....


10 posted on 08/13/2012 11:20:13 AM PDT by lonerepubinma
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