>>>>Giuliani’s fleet of corporate connections includes more than a dozen big-moneyed interests
Via MLM or Affiliate program models. That associations are very often masked through branding. Then, the top level company goes, it brings the rest with them. Remember the DOT Com bust? The crash was as large as it was because many of the businesses were affiliates of one main business.
Giuliani likened the pursuit of energy independence and the development of alternative energy sources to the race to put a man on the moon several decades ago. "Now it's a matter truly of national security," Giuliani said. "We have to pursue all of those alternatives that exist."All of them, Rudy? Or just those you are invested in through a web of international funds?
Japanese Fund
27 November 2006, Wind Power Monthly
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Seeking to significantly expand its wind power portfolio at home and abroad, Japanese renewable energy company Green Power Investment ( GPI ) is launching a securitized fund for the acquisition of around 500 MW projects, says the company's Toshio Hori. The company, which is a conglomerate of large Japanese and US companies, including one headed by former New York City mayor Rudolph Giuliani, is seeking individual and institutional investors to participate. The fund would encompass "four or five projects" in Europe and Japan and boast total market capitalisation of "a couple of hundred million US dollars," says Hori, formerly of Tomen's wind business before it became Eurus Energy.Negotiations with potential investors are ongoing. The fund financing mechanism is aimed at investors wary of holding equity in single projects and reduces risks such as the impact of currency fluctuation. he says. The fund would be the first instrument of its kind based in Japan, Hori says. If all goes to plan, he expects financial close on one major project in Europe in March. At present GPI owns just a 12 MW wind plant in Japan, but has development rights for several projects in Europe, says Hori. Current shareholders in GPI include blue chip companies Mitsubishi Corporation, the Sumitomo Trust & Banking Company, Nippon Life Insurance Company and a US joint venture investment firm , Giuliani Partners - Sage Capital Global Strategic Alliance. GPI shares may be available to further investors by late 2008.
New development-owner Japanese and US investment fund
May, 2005 Wind Power Monthly No5
A conglomerate of large Japanese and US companies, including one headed by former NY mayor Rudolph Giuliani, have joined force to form a wind development company in Japan called Green Power Investment Corporation (GPI). The new company will be headed by Toshio Hori, formerly of Tomen's wind business before it became Eurus Energy, who has been involved in the wind market for around 20 years.GPI plans to focus initially on the Japanese market, says Hori, although it hopes to capitalize on opportunities elsewhere. According to GPI, it has already acquired several hundred megawatts of wind power capacity in various stages of development throughout Japan from a subsidiary of the UK's Renewable Energy Systems (RES). RES declines to comment. The RES acquisitions, says GPI, involve around ten projects, one of which - a 12MW wind plant in Shikoku Island - is to start construction this month. The turbine supplier for this project has not been disclosed.
GPI shareholders include Giuliani-Sage, a join venture investment firm established by American's Giuliani partners and Sage Capital Global. Other shareholders are Japanese trading company Mitsubishi Corporation, Sumitomo Trust & Banking, and Sumisho Leasing.
The Giuliani-Sage investment exhibits the partnership's commitment to long term investments in the Japanese economy and to expanding its focus to the energy sector, says the company. "We are extremely pleased to be involved in projects in Japan that have a positive impact on the environment and have significant economic potential," comments Geoffrey Hess of Giuliani Partners.
COMMUNITY OWNED
As Part if its strategic plan, GPI wants to encourage community-owned wind farms in Japan and intends to invite local people to invest in dedicated wind funds for each project. Hori says he is optimistic the Japanese will welcome the initiative, citing the success of real estate investment funds among Japanese private investors.
While wind energy in Japan is in its infancy compared to the German and Spanish markets-with less than 0.1% of the country's electricity being supplied from wind power- Hori and GPI investors are banking on the market taking off substantially. The Japanese government requires electric utilities to source 1.35% of their total electricity supply from renewable sources of energy by 2010. Hori notes the target is relatively small, but says: "Even Japan will be forced to change its policy due to the Kyoto Protocol and rising oil prices".