Ralls Corp. suing over blocked Oregon wind farm

Pres. Barack Obama blocked the sale of an Oregon wind farm last September over security concerns.
photo BLOOMBERG

Pres. Barack Obama blocked the sale of an Oregon wind farm last September over security concerns. 

The Chinese-owned company that was blocked by Pres. Barack Obama from buying an Oregon wind farm is suing the company that owns the project.

Ralls Corp., which was blocked from owning the wind project over security concerns, filed suit in Washington against Athens-based Terna Energy SA, according to a Bloomberg report.

Terna sold its interest in the wind-farm project in March 2012 to Intelligent Wind Energy LLC, a unit of U.S. Innovative Renwable Energy LLC , an American-owned company, according to court filings by Ralls. U.S. Innovative Renewable Energy then sold Intelligent Wind Energy to Ralls, according to court papers reviewed by Bloomberg.

In September, Obama blocked the sale citing security risks related to their proximity to a Navy base where the military flies unmanned drones and electronic-warfare planes on training missions.

Ralls sued the government on Sept. 12 and added Obama as a defendant on Oct. 1. U.S. Justice Department lawyers have asked that the case be thrown out.

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.