Obama Admin Gave $98.5 Million to Alternative Energy Company Now Going Belly-Up

Obama Admin Gave $98.5 Million to Alternative Energy Company Now Going Belly-Up
Nevada Geothermal Power (NGP) “has substantial debts and does not generate enough cash from its current operations after debt-service costs,” according to an internal audit seen by the Times.
“The company’s ability to continue as a going concern is dependent on its available cash and its ability to continue to raise funds to support corporate operations and the development of other properties,” NGP auditors said