**** Infigen is an all-wind-power-outfit that used to be called Babcock and Brown – which collapsed spectacularly in 2009 – taking $10 billion of investors’ and creditors’ money with it on the way out (see this story). The way things are headed - get set for a replay. Infigen is bleeding cash (it backed up … Continue reading Infigen Signals Its Own Demise – as the RET Review Panel Gets to Work
Tag: Infigen
Wind Power Investors: Get Out While You Can
**** For anyone still foolish enough to have their hard earned cash invested in wind power companies the warnings to grab your money and run couldn’t be louder or clearer. The members of the RET review panel have signalled their intention to take an axe to the RET: spelling out the fact that the review … Continue reading Wind Power Investors: Get Out While You Can
Joe Hockey keen to scrap Infigen’s “utterly offensive” Lake George Wind Farm
**** In our last post we covered the Alan Jone’s interview with Federal Treasurer Joe Hockey that’s sent the wind industry and its parasites into a tailspin. Apart from the fact that Joe detests the very sight of these things, the Treasurer made it abundantly clear that when the Coalition talks about ending the “age … Continue reading Joe Hockey keen to scrap Infigen’s “utterly offensive” Lake George Wind Farm
Angus Taylor: ACT Wind Power Plan Corporate Welfare on steroids
**** True to form, Angus “the Enforcer” Taylor has gone on the front foot over the Power Purchase Agreement signed between Infigen and the ACT. Since then, it appears Thai wind scammers, RATCH have piled in on the deal too. When the deal was announced a few weeks back Angus came out swinging and hasn’t … Continue reading Angus Taylor: ACT Wind Power Plan Corporate Welfare on steroids
Senator Chris Back Unloads
Healthy citizens are the greatest asset that any country can have - Winston Churchill This was cited by Liberal Senator Chris Back at our Wind Power Fraud Rally in June 2013 (see our post here). This time we have Chris unloading in the Senate on Infigen, the AMA and the NH&MRC. Occasionally, there are speeches … Continue reading Senator Chris Back Unloads
Angus Taylor: Infigen’s backdoor deal with ACT will triple power prices in Canberra
*** Infigen (aka Babcock and Brown) are DESPERATE to flog their wind farm interests in Australia and head back home to the US. They have a stack of planned and approved wind farms in Victoria and NSW, but haven't got a snowball's chance in hell of building any of them without a Power Purchase Agreement … Continue reading Angus Taylor: Infigen’s backdoor deal with ACT will triple power prices in Canberra
Jonathan Upson: Thuggery, Bullying and Harassment – just another day at the office
**** Time is fast running out for STT’s favourite whipping boys, Infigen. Bleeding cash (it backed up a $55 million loss in 2011/12 with an $80 million loss, last financial year) the struggling outfit - formerly known as Babcock and Brown - is scrambling to get development approvals for all of its projects so they … Continue reading Jonathan Upson: Thuggery, Bullying and Harassment – just another day at the office
Scrapping the RET is just good Horse Sense
**** A while back we covered the disgraceful decision by SA’s Labor Planning Minister, Johnny “Rotten” Rau to allow Union Heavy, Gary Weaven’s, Pac Hydro to spear 42 giant fans into the heart of the peaceful little community at Keyneton - which sits just over the hill to the east of the iconic Barossa Valley. … Continue reading Scrapping the RET is just good Horse Sense
Trawool Legend Tim Brew gives Infigen a serve
After VCAT’s disgraceful Cherry Tree decision, Trawool Valley locals have thrown down the gauntlet. Here’s Trawool legend Tim Brew unloading on STT’s favourite whipping boys Infigen (aka Babcock and Brown). "EXPOSED" BY Tim Brew Having sat through most days of VCAT, I say thanks for the education. “You donʼt know who is swimming naked till … Continue reading Trawool Legend Tim Brew gives Infigen a serve
German Offshore Fan Plan almost Kaput
The bigger they come, the harder they fall. And none will fall harder than the German wind weasel. Germans have woken up to the obscene costs of supporting a power generation system based on perverse ideology – rather than economic (or even common) sense. Here’s Der Spiegel on how the scam is grinding to a … Continue reading German Offshore Fan Plan almost Kaput