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Keyword: proterra

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  • Biden Energy Pick Set to Make Millions from Prominent Energy Company

    01/22/2021 9:20:22 AM PST · by McGruff · 12 replies
    The Washington Free Beacon ^ | January 22, 2021 | Joe Schoffstall
    Former Michigan governor Jennifer Granholm, President Joe Biden's pick for energy secretary, could pocket up to $5 million for stepping down from a prominent position with a Silicon Valley energy company. Granholm will relinquish her spot on the board of Proterra, Inc., an electric-vehicles manufacturer, if she is confirmed by Congress. She will also sell off all stocks in the company, resulting in a windfall. Disclosure forms show that Granholm's stock in Proterra is valued between $1 and $5 million. She will also divest from other energy companies, including First Solar, a solar-panel company, and Duke Energy, an electric company....