Monday, August 31, 2009

Morgan Stanley, Citigroup Invest in Wind Farms

Morgan Stanley and Citigroup are each investing $100 million to finance separate wind farms, taking advantage of a new federal program that is paying cash grants to help cover the cost of renewable energy investments.

Under the program, the government will give a cash rebate for 30 percent of the cost of building a renewable-energy...

Visit Clean Skies for the full story.

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