Great Falls has Cleared a Key Hurdle Required

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Great Falls has Cleared a Key Hurdle Required

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In late this week an official said to qualify for a loan guarantee from the U.S. Department of Energy A $400 million ethanol plant proposed for Great Falls has cleared a key hurdle required. President of Montana Advanced Biofuels, Gary Hebener told “we have successfully met.” Although the project still is not assured of receiving the federal loan guarantee.

The officials said during the construction phase, the plant which located near Malmstrom Air Force Base provide hundreds of temporary jobs and 100 manufacturing jobs. The plant will produce without odors, He said. On April 20, the state of Montana has given an air quality permit for this plant. The plant would create ethanol for vehicles from the grain from the region’s farmers, grain feed for animals, wheat bran and gluten for human consumption.

He said, “we are very optimistic, because for a final review the Department of Energy in a number of months as brings in additional engineers and market consultants.” He had hoped constructions on the plant begin on June this year, but that schedule has been canceled. In email, He told “Before year end, the entire process may be completed,”

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This entry was posted on Saturday, April 30th, 2011 at 5:56 pm and is filed under Loan Insurance News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Great Falls has Cleared a Key Hurdle Required”

  1. Dan Potert Says:
    May 2nd, 2011 at 1:44 pm

    The Solyndra case proves that the DOE LOAN and ATVM funding was based on pure bribery and lobby manipulation. All of the failure points on Solyndra have been visible for ages. Feinstein and DOE pushed the money to Solyndra in exchange for pass by fees to their friends and campaigns.

    Kleiner Perkins put Chu in office as Secratary in order to get favored nations funding for their portfolio companies and keep competitors to those portfolio companies from getting funded. Steve Westly and Kholsa helped them along with Raj Gupta.

    Detroit’s lobbyists said,” we can’t get you any more taxpayer money because the public knows we are liars” “Tell them we need the money to build electric cars- and then we can BS them into coughing it up” said the lobbyists. The law said that the money was to go to any American car company but it only went to a Japanese company and Detroit. (Tesla is now controlled by Detroit no matter what crap Elon foists off so don’t say they are not part of it.) All of the independent electric car companies who weren’t part of Detroit or the Gore VC’s were blockaded from funding. The way they did it is against the law.

    The DOE ATVM And Loan Gaurantee programs were conducted by criminals in order to commit crimes. Steve Rattner, who was at the head of those programs, has already been charged with crimes. Lachlan Seward, Matt Rogers and the rest of them need to go to jail.

    Steve Rattner (Now a proven criminal by the State of NY), Lachland Seward, Matt Rogers and his partner Steve Spinner and most of Tesla’s friends at McKinsey Consulting from Silicon Valley (Who used Tax payer jets to fly back and forth to Silicon Valley to go bike riding), Steve Westley and a group who now left DOE, and some who are still there are criminals. They stole your tax money and put in their friends pockets. Federal investigations have already shown that Detroit embezzeled and misspent the first monies distributed.

    The few applicants that did get money spent tens of millions of dollars on bribes and lobby “incentives” equal in ratio to the money they got. Now the White House says that $17B of the taxpayer money that DEtroit got is a write-off and is lost forever. In other words Detroit has already embezzeled more money than all of the other applicants applied for put together.

    Google Tesla’s Siry on “DOE stifles innovation” to read what one of the highest level staff at one of the car companies said.

    The GAO, a federal crime busting agency, just released public reports saying that the DOE Loan programs were corrupt. All of the people under Seward were “connected” or “made men” in the Detroit cadre. Seward changed the section 136 first-come-first serve rule (Which appears to be illegal) in order to provide advantages to his friends in Detroit who didnt bother to apply in time and to cut out the smaller players who were already ahead in the application proces

    Subpeonas of Detroit and DOE Loan Departments will prove crime, corruption, favoritism and rigged contracts were the rule and not the exception.

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