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Solar Installer Level Solar sneaks away in the dead of night..
Newsday ^ | 9/25/17 | Mark Harrington

Posted on 09/26/2017 5:43:23 PM PDT by Shady

A big player in the solar-energy installation market has closed, according to PSEG Long Island and several former employees. Level Solar, which operated offices in Hicksville and Ronkonkoma, terminated employees Tuesday, according to a copy of a note sent to one of the employees. The company’s website has been suspended, and calls to the company’s Long Island and Manhattan offices were not answered. In 2015, the company reached an agreement to borrow up to $25 million from the state’s Green Bank program.

(Excerpt) Read more at newsday.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; News/Current Events; US: New York
KEYWORDS: hicksville; lawnguyland; levelsolar; longisland; nassaucounty; nyc; ronkonkoma; solar; suffolkcounty; warnviolation
So Prince Andrew’s Green Initiative turns out to be a Lotto Prize for this wholly owned firm who borrowed $25 million from Andrew Cuomo’s “Green Bank” and closed up and split without a trace..
1 posted on 09/26/2017 5:43:23 PM PDT by Shady
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To: Shady

The money went somewhere, though.


2 posted on 09/26/2017 5:45:03 PM PDT by Tea Party Terrorist (Why work for a living when you can vote for a living?)
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To: Tea Party Terrorist

Caymans.


3 posted on 09/26/2017 5:48:07 PM PDT by MrEdd (Caveat Emptor)
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To: Shady

They were in solar leasing. That business turned out to be full of questionable practices, and customers started to flee.


4 posted on 09/26/2017 5:48:10 PM PDT by proxy_user
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To: Tea Party Terrorist

Andrew’s off-shore accounts a la Solyndra?


5 posted on 09/26/2017 5:49:10 PM PDT by snuffy smiff (Blessed be the Lord my Rock, who trains my hands for war, my fingers for battle...)
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To: Shady

Honestly, such a raid on the public funds should be determined in a star chamber. A fair hearing and a fair hanging.


6 posted on 09/26/2017 5:54:11 PM PDT by healy61
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To: Tea Party Terrorist

Its magic!


7 posted on 09/26/2017 5:54:47 PM PDT by Keyhopper (Indians had bad immigration laws)
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To: Shady

I’m sure Comrade Immigrant Governor Cuomo didn’t risk any of NY State’s taxpayer dollars on an obvious Green Weenie scam! /s/


8 posted on 09/26/2017 5:55:35 PM PDT by RetiredTexasVet (Start using cash and checks or the elite class and bankers will make "cashless" the norm.)
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To: Shady

$25 million missing? Has anyone checked the vending machines?


9 posted on 09/26/2017 5:55:44 PM PDT by Billthedrill
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To: Billthedrill

Part of it is probably in Cuomos bank account


10 posted on 09/26/2017 5:59:10 PM PDT by Hojczyk
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To: Shady

One wonders if all the members of the board were Democrat donors, maybe donors to the Clinton Foundation, members of the New York Democrat Party syndicate?

Just wondering.

IMHO


11 posted on 09/26/2017 5:59:43 PM PDT by ripley (ually to)
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To: Shady

Surprise surprise surprise


12 posted on 09/26/2017 6:07:09 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: Shady

You can be sure Prince Andrew got his cut before the money went bye-bye.


13 posted on 09/26/2017 6:07:15 PM PDT by exit82 (The opposition has already been Trumped!)
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To: Shady

Another crooked green scheme. The greenies are full of crooks. The windmills are all being shut down, too. All the green govt handouts are being cut.


14 posted on 09/26/2017 6:08:08 PM PDT by batterycommander (I learned my Artillery skills from the United States Marines. USNA 65)
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To: batterycommander

Some young guy came to the door the other day to tell me about our electrical companies “green program”. After a little bit I remembered reading about it.

“Wait - is this the one where I get to pay more money if somehow the electrons from only solar and wind and stuff gets into my house!?”

“Well sir, it’s not exactly like this, but yes those funds would be used to pay for green energy sources.”

“I must be weird, but I don’t want to pay more for the same electricity. No thank you.”

I didn’t bother getting into it about the whole capitalism thing, private vs. government, etc. Do bad he didn’t come tomorrow. “So this is where I get to pay more for some solar firm to take their millions and then go bankrupt?”


15 posted on 09/26/2017 6:16:08 PM PDT by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts FDR's New Deal = obama)
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To: Tea Party Terrorist

Solyndra said it all, it was a scam from day one


16 posted on 09/26/2017 6:21:50 PM PDT by ronnie raygun (Trump plays chess the rest are still playing checkers)
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To: Shady

Of course. It wasn’t the Cuomo family’s money, it was taxpayer money. Even mo better!


17 posted on 09/26/2017 7:32:07 PM PDT by VeniVidiVici (Democrats want to teach anal sex in school. Republicans want to teach gun safety.)
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To: Shady

Oh its only 25 mil, and its just taxpayers money, so lighten up said the Democrats.


18 posted on 09/26/2017 8:03:34 PM PDT by Newbomb Turk (Hey Newbomb, where is your bothers ElCamino ?)
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