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Keyword: plugpower

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  • Biden’s Energy Loan Czar Was a Major Investor in a Near-Bankrupt Energy Company. That Company Is Set To Receive $1.5 Billion From His Office

    01/05/2024 9:51:46 PM PST · by george76 · 14 replies
    Washington Free Beacon ^ | January 5, 2024 | Alana Goodman
    Biden energy loan czar Jigar Shah was a major investor in a struggling green energy company that is in advanced talks to receive a $1.5 billion loan from his office. The Department of Energy’s loan office, where Shah serves as director, is working to fast-track the funding to Plug Power, a hydrogen fuel company on the brink of bankruptcy. But the ties between Plug Power and Shah could add to concerns from lawmakers about conflicts of interest in the federal loan program. Securities and Exchange Commission records detail a long-standing financial relationship between Plug Power and Generate Capital, an investment...
  • This Factory Was Ready to Expand. Then Came the Trump Trade Wars.

    06/03/2018 5:40:11 AM PDT · by reaganaut1 · 105 replies
    New York Times ^ | June 1, 2018 | Jim Tankersley
    Andy Marsh’s New York factory is trapped in the Trump trade wars. As Mr. Trump threatens tariffs on America’s economic allies and its adversaries, many of the domestic businesses that the president says his policies are meant to protect are finding themselves victims of his aggressive approach. Prices are rising for imported goods, other nations are erecting retaliatory trade barriers, and companies like Plug Power, the manufacturing business that Mr. Marsh runs outside Albany, are facing crippling uncertainty from Mr. Trump’s fickle approach. It is not the first time Mr. Marsh has felt firsthand the impact of decisions made hundreds...