Southern states introduced wind power Investment Immigration Program-Hummer wind turbine

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Southern states introduced wind power Investment Immigration Program

Recently, the United States South Dakota Joop Bollen, Chairman of the regional visit to Shenzhen, the Shenzhen branch at the Guangdong Overseas Chinese foreign-sponsored North New wind power generator project investment recommendation 2 will be. South Dakota Regional Center North New Wind Power Project, a five-year period, the public will be lent money to the North New Power Group for the construction and operation of wind power plants in Southern states grassland, the United States can meet the growing demand for renewable energy. At the same time, the development of the project will directly or indirectly, to local job creation, making investments in limited partnerships to investors ultimately comply with the relevant provisions, to immigration goals.

Project total investment 350 million U.S. dollars

It is understood that the project amounted to 350 million U.S. dollars of total investment, including from the 160 EB-5 investors, formed a limited partnership will invest 8 million U.S. dollars, of which the Chinese mainland by the Overseas Chinese and Foreign emigration agent 120 places. The project has received the U.S. Department of Agriculture financing 220 million U.S. dollars the federal government¡¯s support, North New Public Power Group will also invest 50 million U.S. dollars of its own cash in the project. As the project investor North New Public Power Group and the U.S. Department of Agriculture to ensure investors the return of security investment funds, North New Public Power Group will serve as a five-year promissory note issued by the repayment guarantee.

It is reported that North New Public Power Group was established in 1961 by a number of Midwest investment composition of local government and residents, the largest U.S. public power companies, mainly in the Midwest more than nine states operating large-scale power generation plant and transmission services for more than 125 cities and 2.6 million electricity customers. North New Public Power Group¡¯s business in good condition, three international credit rating agencies have given a higher credit rating, S & P North New Public Power Group rating of A + grade, while Moody¡¯s has given the A1 class ratings, Fitch to the AA-level ratings, these ratings demonstrate the company¡¯s good operating condition and repayment ability. The U.S. Department of Agriculture is one of the federal government Department of the cabinet 13, is an important economic management. U.S. Department of Agriculture is in accordance with the Legal Establishment, and Gaibu the main functions of the yes of agricultural production through the right support to increase the United States, Renmin the Shenghuozhiliang, USDA this Touzinanzhou grassland Fadian Chang project, Zheng Shi Zhi Chi southern state of its economy for the Fa Zhan and developed an important measure.

U.S. government support for wind energy

In 2009, Obama speech in Iowa, said Newton, 2030, wind power will account for 20% of U.S. electricity production, which wind turbines for the environment and the economy, has great benefits. In this context, North New Public Power Group has realized that in order to meet the needs of its members to load growth and to meet national renewable energy portfolio standard (RPS) requirements, the need to increase renewable energy generation capacity.

Accordingly, the North New Public Power Group decided to invest in Southern states prairie wind power plants. "For the United States Renewable Energy and Energy Efficiency Act and the corresponding return on preferential measures, and the recently revealed to encourage or require the use of renewable resources and more environmentally friendly power generation incentive policies and related regulations, the group conducted the consideration or implemented in its service area. "

The project will create 1,900 jobs

"The project is developed in the South Dakota plant, the site will be located in Wessington Springs Winner town or near the town, the project will install and use a generating capacity of 150 MW of wind power generation facilities, from 101 wind turbines, 2011 Construction completed in early. "Overseas Chinese and Foreign Group Shenzhen Branch head, said Juan Tu Italy, North New Public Power Group¡¯s services across the national electricity system, two of the three main power grid in the service area of 430,000 square miles across the Midwest 9 states of the region, including Colorado, Iowa, Minnesota, Montana, Nebraska State, New Mexico, North Dakota, South Dakota and Wyoming, and prairie wind power plants are the North New public Power Group, a wholly owned subsidiary, the project¡¯s operation and management of all public power by the North New Group control.

North New Public Power Group¡¯s Mechanical Engineer, Project Leader Mr. Said Ron Rebenitsch: "The construction project will increase local business in South Dakota income and employment for the local heavy equipment repair and maintenance service providers bring in substantial revenue." According to the U.S. Immigration Service approved RIMS6, public utilities (including wind farms) per one million U.S. dollars investment will create indirect employment opportunities for 5.43, then the project will create 1,900 jobs.