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52%  
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  • Biden Megadonor Scores $500 Million Federal Loan for Solar Company

    12/11/2021 5:46:49 AM PST · by george76 · 56 replies
    Free Beacon ^ | December 10, 2021 | Alana Goodman •
    Politically connected First Solar also secured $3 billion in loan guarantees from Obama administration.. A solar energy company owned by a Biden megadonor received a $500 million government loan to build a manufacturing facility in India, the Biden administration announced this week, raising questions about whether the company's political clout played any role in the financing decision. The U.S. International Development Finance Corporation granted the loan to First Solar, which is owned by billionaire Walmart heir Lukas Walton, to build a solar module plant in India. Walton contributed over $300,000 to President Joe Biden's campaign last year, and over $100,000...