Panic Erupts: Infigen Set to Offload Worn-Out Australian Wind Farms to Even ‘Greater Fools’

More on Useless Wind Turbines, in Australia!

STOP THESE THINGS

Infigen windy & gusto Infigen’s happier times …

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In the hard-hitting Danish docu-drama, Follow the Money, the Armani suited executives of Energreen play a game of cat and mouse with the Fraud Squad, pumping up the value of their wind farm ‘assets’, while erasing anything from their books that investors might reasonably conclude were liabilities. Some viewers might call it ‘creative accounting’, others good old-fashioned ‘fraud’.

The apparent purpose of Energreen’s book keeping shenanigans is to lure in a steady stream of gullible investors to keep the whole circus afloat, long enough for those at the top of the Pyramid to line their pockets and set up bolt-holes in Brazil (or any other sunny place without an extradition treaty).

In terms of duping creditors and investors Energreen’s on-screen exploits aren’t that far from the truth. Wind back the clock on the story of Australia’s most notorious wind power outfit, Infigen and its…

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