The memo goes on to say that, while the project backers would only provide equity equal to about 11 percent of the total cost of the wind project, they would receive an “estimated return on equity of 30 percent
Ya think the investors know something? This administration is pathetic.
It’s a scam of epic proportions. Get the states to mandate some percentage of “green” energy to create artificial demand, then arrange for ridiculous financial incentives to erect wind turbines and you’ve got a recipe for enriching the ruling class while fleecing you and me.