After getting billions from feds.
Abengoa, a renewable energy multinational company headquartered in Spain, has been a favorite of the Obama administration in getting federal tax money for clean energy projects.
7 Comments on Green energy company fights for life
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How many of those billions are in secret, numbered bank accounts in Switzerland? Or, funneled back to DNC members and PACs?
These “companies” are not in the “green energy” business.
They were set up for one purpose and serve one purpose: The transfer of monies from the public treasury to the pockets of people who will take part of that money and pay off their co-conspirators who serve as elected and appointed officials.
There is absolutely no historical documentation of any of them ever making good on what was promised. Not a single example.
How can they be bankrupt when they saved all of that money on their utility bills?…
Another Green Energy Fraud bites the dust. I’m still waiting for the feds to throw the cuffs on that Tesla/SpaceX fraudster or better yet shut off the government loans/grants/tax writeoffs and any other federal or state support. Cancel any tax loss carry provisions (where huge tax losses recorded can be sold to a successful company for a song) that any of his companies may have incurred. Cancel his passports so he can’t leave the country and leave him to face non government creditors. With any luck some of them will be less that savory and this time I don’t mean Democrats.
obama, “they assured me they were just this close to solving the perpetual motion problem, they even showed me shinny spinning thinges”.
And they wined and dined the significant other half while Reg and I played with our golf balls. That in itself would warrant the ass to fund them forever.
Fraud, deceit and plunder. Will hell be worth it to them? They won’t know till they burst hell wide open.