Monday, February 15, 2016

ANOTHER ONTARIO GREEN ENERGY SCANDAL

In late 2012 Windstream Energy, a U.S. company, filed a NAFTA complaint claiming $475 million in damages. The company says it had a contract with the government-controlled Ontario Power Authority to build an offshore wind farm near Wolf Island in Lake Ontario.  Samsung, the Korean energy giant appeared out of the blue to win wind and solar contracts with the government at the time Windstream’s deal seemed to be falling apart. Windstream alleges Smitherman had conferred especially beneficial prices and transmission rights on Samsung, in return for wind and solar investments.

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