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Keyword: greengate

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  • Obama Fundraisers Tied to Green Firms That Got Federal Cash (Follow the money)

    09/29/2011 3:56:20 PM PDT · by tobyhill · 8 replies
    abc ^ | 9/29/2011 | MATTHEW MOSK and RONNIE GREENE
    Several of Barack Obama's top campaign supporters went from soliciting political contributions to working from within the Energy Department as it showered billions in taxpayer-backed stimulus money on alternative energy firms, ABC News and iWatch News have learned. One of them was Steven J. Spinner, a high-tech consultant and energy investor who raised at least $500,000 for the candidate. He became one of Energy Secretary Steven Chu's key loan program advisors while his wife's law firm represented a number of companies that had applied for loans. Recovery Act records show Allison Spinner's law firm, Wilson Sonsini Goodrich & Rosati, received...
  • Crony Socialism: Obama Gives $737 Million to Solar Firm Linked to the Pelosi Clan

    09/28/2011 11:45:49 AM PDT · by Nachum · 34 replies · 1+ views
    Gateway Pundit ^ | 9/28/11 | Jim Hoft
    It’s as if Solyndra never happened. The Obama Administration is giving $737 million to a Tonopah Solar, a subsidiary of California-based SolarReserve. PCG is an investment partner with SolarReserve. Nancy Pelosi’s brother-in-law happens to be the number two man at PCG. Team Obama is spending $737 million to create 45 permanent jobs. The Hill reported, via Free Republic: The Energy Department announced Wednesday that is has finalized a $737 million loan guarantee for a Nevada solar project. The decision comes several weeks after a California-based solar manufacturer that received a $535 million loan guarantee from the Obama administration in 2009...
  • $737 million in green-tech loan to company connected to Pelosi family?

    09/29/2011 6:27:55 AM PDT · by Shery · 12 replies
    Hot Air ^ | 9/28/2011 | Ed Morrisey
    As Tina wrote yesterday, Americans still favor government subsidies to companies unable to otherwise compete in the green-tech industry. That may be especially true of Nancy Pelosi and her family, but not exactly for reasons of environmental improvement. Let’s start with this report from The Hill, via Gateway Pundit and Instapundit, on the latest approved green-tech loan from the Department of Energy: DOE announced a $737 million loan guarantee to help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve....
  • Energy Department approves $737 million solar loan guarantee

    09/28/2011 9:40:09 AM PDT · by maggief · 33 replies · 2+ views
    The Hill ^ | September 28, 2011 | Andrew Restuccia
    The Energy Department announced Wednesday that is has finalized a $737 million loan guarantee for a Nevada solar project. The decision comes several weeks after a California-based solar manufacturer that received a $535 million loan guarantee from the Obama administration in 2009 filed for bankruptcy and laid off 1,100 workers, setting off a firestorm in Washington. The $737 million loan guarantee will help finance construction of the Crescent Dunes Solar Energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve. Crescent Dunes is the latest solar project to...