A rural south farm in Sarita Texas that produces clean energy for San Antonio will receive an award of 114 million - one of the 12 projects in eight states that were selected Tuesday for stimulus funds.
The Penascal Wind Farm is owned and operated by PPM Energy. A Spanish company with North America headquarters in Portland Oregon.We have the coastal wind let's get some action from our business leaders here in Texas.
Hmmm Does that mean a Spanish company is getting stimulus money, because they base their headquarters in Portland????
CPS & other utility companies are searching for renewable options. The foreign companies are leasing Texas land. If Texas was a Country the state would be 12th in size. Our land is valuable asset.
As stated by Tim Geithner "This renewable project program will spur the manufacture and development of clean energy in urban and rural America, Allowing us to protect our environment, create good jobs and revitalize our nation's economy."
It should mention that it is adding to the good of other nations
Rep. Solomon Ortiz, D-Corpus Christi , whose congressional district includes Kenedy County, said funds would provide capital to PPMEnergy in place of tax credits.
Were the tax credit given to the company from Spain?
We have the land, people, resources, and the ability (A&M University) to create these wind farms.
The Farmers & Ranchers need the trust that they are being treated with the utmost respect and integrity from developers. This would secure Texas in creating more renewable energy projects for our future. Job growth will follow the wind or solar farms. Rural areas will grow and that would lead to more money for the infrastructure.
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