$737 million in green-tech loan to company connected to Pelosi family?

$737 Million Green Loan to Pelosi Kin Fuels Outrage. –  · GOP claims that the Obama administration’s green energy loan guarantee program is mired in cronyism grew on Friday after a company tied to Nancy Pelosi’s brother-in-law got the lion’s share of the final government hand-outs made before Friday’s end of the fiscal year. The decision to guarantee $737 million comes hard on the heels of the loss of more than $500 million of government.

DOE announced a $737 million loan guarantee to help finance construction of the crescent dunes solar energy Project, a 110-megawatt solar-power-generating facility in Nye County, Nev. The project is sponsored by Tonopah Solar, a subsidiary of California-based SolarReserve .

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Nancy Pelosi’s brother-in-law was previously an "Executive Director", and at the time the loan was completed, Ron Pelosi was an "Independent Director" of a parent company who held a minority share of the company that was a primary beneficiary of that money landing a $737 million loan guarantee from the Department of Energy for.

$737 Million Green Loan to Nancy Pelosi Kin Fuels Outrage. – September 30, 2011. The decision to guarantee $737 million comes hard on the heels of the loss of more than $500 million of government money due to the bankruptcy of solar panel company Solyndra. The new grant went to Tonopah Solar Energy, a subsidiary of SolarReserve, which started building Crescent Dunes, a massive solar-thermal plant in.

Via Mark Hemingway of The Weekly Standard, it has been revealed that the Department of Energy went ahead and approved $1 billion in new loans to green energy companies — including a $737 million loan guarantee to a company known as SolarReserve.

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 · $737 Million In Green-Tech Loan To Company Connected To Pelosi Family? Posted on January 27, 2012 by TexasBrady President Obama as the President of United States of America has shown he does not have to abide by the united states constitution, and can also guarantee huge government ($537 million) loans to private companies (Solyndra) who were on the verge of financial.

 · Obama Gives $737 Million Dollar Loan To Solar Company Connected To Nancy Pelosi’s Brother In Law Here’s a bit of news you probably won’t see on CNN or MSNBC. Follow the bouncing ball of crony capitalism in three easy steps.