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May 15, 2012

State hires accounting firm to assess Perrysburg solar firm's finances
 

Because the Perrysburg solar firm Willard & Kelsey Solar Group has repeatedly missed and made incomplete payments on a $5 million loan from the Ohio Air Quality Development Authority, the authority now plans to hire GBQ Partners LLC to examine the firm's finances, The Toledo Blade reports. The firm, which received $10.5 million in Ohio taxpayer dollars in exchange for the creation of 400 jobs that have yet to materialize, is being accused of misusing the loan money (See the May 01, 2012, blog – "Perrysburg solar firm accused of misusing state funds"). For more, read the full story here.
Posted by C. Montgomery  in  Solar    |  Permalink

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