In Illinois where Everpower purchased the assets of a bankrupt wind facility, local authorities debated how to handle decommissioning costs. The debate revolves around whether having the cash up front is best or whether to allow Everpower to simply have a letter of credit. The Bureau County residents researched the costs associated with decommissioning and … Continue reading Illinois dead turbines create a headache for county and farmers
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Ohio does not require money in escrow to protect our citizens from a company going bankrupt. Our bonds aren't even big enough to pay for the cranes which will dismantle the machines, but this county was SMART. Why is Everpower requesting this? Could it be that they plan to leave this area after a short … Continue reading Is Everpower trying to ‘pull the wool’ over a county’s eyes?