Friday, March 3, 2017

SunEdison Corruption Exposed

This article exposes the dirty politics surrounding SunEdison. Free Beacon The city of Georgetown did not do its due diligence before contracting with this bankrupt company. One has to wonder if the city has thourghly vetted ERG Energy, the company that has taken SunEdisons place as the solar electric provider.


"SunEdison has maintained a strong presence in Washington throughout its financial woes. The company has spent more than $1 million on its lobbying operation since 2011.
It has employed lobbyists with the powerhouse Podesta Group since 2012, disclosure forms show. In 2015, it brought on 38 North Solutions, a green energy focused lobbying firm. Both firms lobbied to preserve federal tax credits for renewable energy generation.
Pelosi fought for the extension of those tax subsidies in a major congressional deal late last year.
The Podesta Group is run by a top Hillary Clinton fundraiser. Its cofounder chairs her presidential campaign, to which SunEdison donated last year. The company has also donated to the Bill, Hillary, and Chelsea Clinton Foundation.
The son of Ira Magaziner, the chief executive of the foundation’s health policy arm, served as a “clean energy associate” at the foundation before taking a project finance position at SunEdison last year."
Last year the money was freely flowing in Washington, D.C. from SunEdison to major Democratic party operatives.

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