Coming on the heels of the Solyndra debacle, the Obama administration has just approved a $168.9 million loan guarantee for the Granite Reliable wind farm project owned by Brookfield Asset Management (BAM).
Among its many holdings BAM owns Brookfield Renewable Power, which owns the Granite Reliable and it also owns Brookfield Office Properties, whose holdings include the now famous Zuccotti Park.
The Department of Energy finalized the loan guarantee less than a week after Occupy Wall Street protesters took to Zuccotti Park, and with the Obama administration’s Tuesday endorsement of the protests, rumors are starting to circulate that this could be the reason Brookfield is allowing protesters to remain on its property.