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Flashback: Reid, Son Get China Solar Plant Deal

A flashback from the 2012 archives at Reuters:

U.S. Senator Reid, son combine for China firm’s desert plant

By Marcus Stern | August 31, 2012

WASHINGTON (Reuters) – [Q]uestions surrounding [Reid’s] family ties are flaring again in Nevada around the Senate majority leader. He and his oldest son, Rory, are both involved in an effort by a Chinese energy giant, ENN Energy Group, to build a $5 billion solar farm and panel manufacturing plant in the southern Nevada desert.

Just imagine what their cut would be from a $5 billion dollar deal.

Reid has been one of the project’s most prominent advocates, helping recruit the company during a 2011 trip to China and applying his political muscle on behalf of the project in Nevada. His son, a lawyer with a prominent Las Vegas firm that is representing ENN, helped it locate a 9,000-acre (3,600-hectare) desert site that it is buying well below appraised value from Clark County, where Rory Reid formerly chaired the county commission…

Which is also how Harry Reid got rich on previous shady land deals.

The Langfang, China-based ENN Energy Group hopes to build what would be the largest solar energy complex in America. The site chosen with Rory Reid’s guidance is in tiny Laughlin, Nevada, a gambling town of 7,300 along the Colorado River, 90 miles south of Las Vegas…

To advance the Nevada project, ENN retained the state’s largest and most prestigious law firm – Lionel Sawyer & Collins, where Rory Reid works… Rory Reid has been ENN’s primary representative before the county… Rory Reid acknowledged representing ENN at both the county and state levels since January. He declined to discuss the project otherwise…

In December, Clark County commissioners voted unanimously to sell up to 9,000 acres of public land to the subsidiary at pennies on the dollar. The deal spurred local controversy. Separate appraisals valued the land at $29.6 million and $38.6 million. The commission agreed to sell it to ENN for $4.5 million…

So Clark County (the home of Las Vegas) gave the Chinese a $35 million dollar discount because they like the Chinese so.

Harry Reid… recently used an online discussion related to his annual energy summit for an as-yet unsuccessful effort to pressure Nevada’s largest power company, NV Energy, to sign up as ENN’s first customer…

He’s got to earn his money somehow.

This article was posted by Steve on Monday, April 14th, 2014. Comments are currently closed.

One Response to “Flashback: Reid, Son Get China Solar Plant Deal”

  1. GetBackJack says:

    A spoils system top to bottom

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