Energy Department Scrambles to Play Down Pelosi Link to $737M Loan

Filed under:General — posted by Jack on 10/2/2011 @ 8:33 pm

“The Obama administration is furiously trying to play down links between House Minority Leader Nancy Pelosi and a giant new $737 million loan guarantee for a green energy project in Nevada.

Pelosi’s brother-in-law, Ronald Pelosi, is second-in-command at Pacific Corporate Group, one of the main investors in the solar-thermal Crescent Dunes project now under construction in the Nevada desert.

The well-connected 76-year-old only joined the company in the spring, three years after it invested in SolarReserve, the parent company behind the Crescent Dunes plan, said the Chronicle.

http://www.newsmax.com/InsideCover/EnergyDeptPlaysDownPelosiLinkto737MLoan/2011/10/01/id/412921?s=al&promo_code=D2B1-1

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