Green Fortunes

Crescent Dunes Solar Tower  outside Tonopah, Nevada
$737 million in stimulus funds-built by Torresol of Spain


The Washington Post, hardly a conservative newspaper, has a fascinating article on how Al Gore has profited from his Global Warming scam-yes scam.

http://www.washingtonpost.com/politics/decision2012/al-gore-has-thrived-as-green-tech-investor/2012/10/10/1dfaa5b0-0b11-11e2-bd1a-b868e65d57eb_story_1.html

Wait a minute!

"Iberdrola Renovables, a wind subsidiary largely owned by the Spanish electricity giant Iberdrola, received $1.5 billion for 20 wind farms it built across the United States."

http://garyfouse.blogspot.com/2011/12/fousesquawk-on-special-assignment-in.html

And solar towers, perhaps?

http://74.6.117.48/search/srpcache?ei=UTF-8&p=iberdrola%2C+%2B+tonopah&fr=yfp-t-521&u=http://cc.bingj.com/cache.aspx?q=iberdrola%2c+%2b+tonopah&d=4822583296332338&mkt=en-US&setlang=en-US&w=ea8147b6,6f99ddc2&icp=1&.intl=us&sig=kHhIeAFve5wqRgF2z8GpUQ--

Here is a previous article by Scott Rhymer on the Nevada project.

http://scottrhymer.wordpress.com/tag/pacific-corporate-group/

It seems that Iberdrola has some interests in Nevada. What is their connection, if any, to the Tonopah solar tower that I stumbled across in a Tonopah bar last year? That project involved a $735 billion stimulus project given to Solar Reserve, an investment partner with Pacific Corporate Group, whose number 2 man is   Ron Pelosi-yes, Nancy Pelosi's brother-in-law. Who hired all those Spanish workers from Torresol Energy using Stimulus funds to come to Nevada to build the Crescent Dunes project?

Here is an interesting tidbit, which may or may not mean anything.

http://grist.org/article/no-on-prop-23-campaign-takes-in-5-million-to-oil-industrys-10000/

"Renewable energy companies stepped to the plate as well. The U.S. division of Spanish wind giant Iberdrola Renewables gave $25,000; Santa Monica-based Solar Reserve, a developer of solar power plants, pitched in $50,000; and Google executive Jonathan Rosenberg contributed $10,000."

That could be a coincidence, of course.

According to the below Daily Caller article, there is also a link between Mr Pelosi and George Kaiser, Obama bundler, contributor and investor in Solyndra.

http://dailycaller.com/2011/09/29/more-solar-companies-led-by-democratic-donors-received-federal-loan-guarantees/

"The Hill newspaper reported Wednesday that the Santa Monica, Calif.-based SolarReserve has secured a $737 million loan guarantee from the Department of Energy for a Nevada solar project.

That company has ties to George Kaiser, the Oklahoma billionaire who raised $53,500 for President Obama’s campaign in 2008. Through his Argonaut Private Equity firm, Kaiser holds a majority stake in Solyndra."

There is a definite connection between Solar Reserve and Santander, the Spanish financial giant, in the construction of the Tonopah solar tower.

http://www.prnewswire.com/news-releases/solarreserve-completes-financing-for-advanced-technology-solar-power-project-in-nevada-130717148.html

"As part of the project financing, SolarReserve is joined as investors in the project by ACS Cobra, a worldwide leader in the engineering and construction of power plants and thermal solar facilities, and the equity capital practice of Santander, a global financial services and banking leader. The project also closed on $737 million in project debt along with a loan guarantee from the U.S. Department of Energy."



All this of course, may be fodder for conspiracy theorists, but it seems to me that it merits further inquiry. The more we learn about this green energy business that the White House has been pushing for their favored clients, and the more we learn about Al Gore's exploding fortune, the smellier it gets. Gore himself may have nothing to do with the Nevada/Spain project. He may just be a separate star in the same rotten galaxy. Or there may be more dots to connect.

Stay tuned.