Environment & Energy
Related: About this forumJoe Manchin-connected power plant hasn't paid rent in a decade
The power plant that buys coal from Sen. Joe Manchins family business has not paid rent for the last decade.
The Grant Town power plant is built on the former Federal No. 1 mine in north central West Virginia. That mine is owned by a local company, Horizon Ventures Ltd.
Grant Towns owner, American Bituminous Power Partners LP, stopped paying Horizon rent in 2012 and has waged a legal battle for years over the amount it owes Horizon in back rent.
At the same time its skipped rent payments, Grant Town has paid Manchins family company, Enersystems Inc., millions of dollars for waste coal.
American Bituminous Power Partners or Ambit for short has found various reasons to pay, among others, stakeholders and executives, instead of paying its obligations to Horizon, Horizon attorney Mark Kepple wrote in a recent filing with the Public Service Commission.
Horizon sued Ambit in 2013, seeking to force the company to pay back rent. Tens of millions of dollars may be at stak
https://www.eenews.net/articles/joe-manchin-connected-power-plant-hasnt-paid-rent-in-a-decade/
Botany
(70,491 posts)"At the same time its skipped rent payments, Grant Town has paid Manchins family company,
Enersystems Inc., millions of dollars for waste coal."
brush
(53,765 posts)to Manchin. The rent is not getting paid but Manchin is.
Cracklin Charlie
(12,904 posts)I can smell it from Missouri.
Baitball Blogger
(46,700 posts)Who knew?
SergeStorms
(19,193 posts)Pay the friends and business associates who aid and abet your illegal schemes, and screw everyone else. Then after long, drawn out legal battles, file for bankruptcy and then the people you should have been paying all along will get pennies on the dollar, and you and your pals skate away to pull the same scheme on some other unsuspecting people.
Now if that's not straight out of the republican playbook, I don't know what is. And Joe Manchin and his family are right in the thick of the republicans playing the grift.
But he has a (D) after his name! On paper anyway. Certainly not in practice.