Foundation Scam Supporting A Tower Of Bullshit

On 18/12/202424/12/2024 By JacIn Climate, Colonialism, Corruption, Corruption Bay, Development Bank of Wales, Environmentalism, European Union, Farming, Football, Globalism, Media, Sport114 Comments

There’s been a two-week gap since my previous opus, A Case Study In ‘Rewilding’; so here’s a pre-Christmas treat for you to get your teeth into before those Brussel sprouts. Yum! yum!

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THE FOUNDATION SCAM

Here, I am of course referring to the ‘climate crisis’. It’s foundational because if you buy into this, or even if you just silently accept it, then you help erect the ‘Tower of Bullshit’ that’s built upon it.

In this ‘tower’ you’ll find net zero, behavioural control, loss of personal freedoms, open borders, wealth transfer, anti-white racism, personal carbon allowances, and a host of other evils that George Orwell might have warned us about if he’d lived long enough to write a sequel to 1984.

The evils we see around us, the ways in which everything becomes more expensive, and our lives more miserable, can only be imposed if enough of us accept we need to make sacrifices to combat (they love that word!) their ‘climate crisis’.

Because if we buy into the climate scam then we’ll dutifully vote for uniparty politicians and parties controlled by those who dreamed up and now profit from the scam.

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STORM DARRAGH BLOWS AWAY THE COBWEBS (TOGETHER WITH THE SOLAR PANELS UNDER WHICH THE SPIDERS WERE HIDING)

Among the most obvious measures being promoted to fight the ‘climate crisis’ is renewable energy. This usually means wind turbines and solar panels.

A truly disastrous combo.

On the plus side, Wales sees a lot of wind. What we don’t get a lot of is sunshine. Which is why solar panels are an insult to our collective intelligence.

To begin with, solar ‘arrays’ take up a hell of a lot of space, often good agricultural land. Which then gets poisoned. Even the so-called ‘Welsh Government’ admitted as much in this report from March 2023.

The problems mentioned occur if the panels stay in place, but as we saw with Storm Darragh the other week, they don’t always stay in place. For the winds caused chaos at Porth Wen, near Cemaes, in the northern part of Ynys Môn.

It was soon reported in the Daily Mail, and the New Civil Engineer. But it was a full six days before the ‘National Newspaper of Wales’ got around to mentioning it.

The problem is of course that Ynys Môn sees a lot of wind. That wind often comes straight off the Atlantic. To make matters worse, the island is relatively flat, with no sheltering hills.

So you might think it’s a good place for wind turbines. Well, no.

For as the New Civil Engineer also reported, just nearby, at Llanbadrig, a wind turbine had its blades ripped off.

And yet, despite the obvious problems, there are plans for even bigger solar installations on Ynys Môn.

I heard of other incidents where solar installations broke up, and panel parts took wing. One incident involved Aberystwyth University’s £2.9m solar farm at Penglais.

An investment that’s inspired . . .

Four new degrees . . . International Relations and Climate Change, Biology and Climate Change, Business and Climate Change and English and Climate Change.

“English and Climate Change” must have a module, ‘Selling this crap to the plebs’.

For those unfamiliar with the area . . . Penglais is a hill above the town, perfect for catching the wind coming off Cardigan Bay. Though not so good for ground-mounted solar panels, which positively invite levitation.

Penglais solar farm circled. Click to open enlarged in separate tab

Even if they reach the grand old age of 20, wind turbines and solar panels will never ‘repay’ the environmental damage they caused in being created and installed.

In addition, massive subsidies are demanded. And when there isn’t enough of our money on offer, developers go off in a huff. As was the case recently in Denmark.

Governments are then advised to come up with “healthier pricing” . . . by the wind industry. If it was up to me, I’d tell them to . . .

The Danish Government must now quickly . . . adapt their auction design to market realities. The industry needs healthier pricing and fairer risk allocation

Once installed, turbines and panels offer unreliable, intermittent supply – that has to be backed up by something more reliable; usually nuclear, or fossil fuels.

And as we’ve seen with Storm Darragh – which was nothing out of the ordinary – ‘renewables’ can’t cope with serious wind.

In fact, turbines have to be switched off in anything other than a strong breeze. And of course they produce nothing in windless conditions. Solar panels obviously generate nothing at night, or when there’s no sun, or if they’re covered in snow.

Which means that on those cold, overcast, windless winter days we experience so often, ‘renewables’ contribute bugger all to the grid.

So the idea that a country can rely 100% on ‘renewables’ is utterly insane. Yet this is what ‘Mad Monk’ Miliband is demanding. Though he’s being paid handsomely to push this bullshit by those who’ll benefit.

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BOLLOCKS IN THE WIND

If we’re talking of wind turbines, then we can’t ignore Bute Energy; maybe the biggest player in Wales, with many wind farms planned, plus solar installations, Battery Energy Storage Systems (BESS), even its own power lines.

And of course, Bute is well connected with Labour in Wales, having created sinecures for party insiders. Then there’s the Danish connection, with Copenhagen Infrastructure Partners. Which matches funders with Bute projects.

A 25% stake in CIP is held by another Danish outfit, Vestas, and on the Vestas board is former Danish PM Helle Thorning-Schmidt. Alternatively known as Mrs Kinnock, for she’s the wife of Stephen Kinnock, MP for Aberavon, son of former Labour leader Neil, and the late Glenys, for many years a MEP.

(Talking of Vestas, here’s a very recent mishap with a new Vestas wind turbine in Scotland. And there have been others.)

Mrs Kinnock has her own company, Thorningschmidt Global Ltd, and she also sits on the board of the Schwab Foundation for Social Entrepreneurship.

The address given for her company is Acre House, 11/15 William Road, London NW1 3ER. Other companies at that address appeared in the Paradise Papers. This is the UK end of Rontec Group (Jersey) Ltd, the empire of Sir Gerald Ronson OBE. For those old enough to remember, Ronson was one of ‘The Guinness Four’.

Mrs Kinnock’s also worked with the World Health Organisation and the Trilateral Commission.

Does the backdrop remind you of anything? Click to open enlarged in separate tab

I’ve made the point before that the principals involved in Bute came from property company Parabola. The holding company for the Bute empire is Windward Global Ltd. This is controlled by Oliver James Millican, son of Peter John Millican, chair of Parabola.

Is Bute just a front for Parabola? I ask, because one might need to be very generous to believe that four young executives, including the boss’s son, cut their ties with Parabola at the same time to take a leap into the unknown.

I just wrote “four young executives“, which may confuse some of you familiar with the principal players. For in addition to Millican Jr the other ex Parabola people prominent with Bute are usually Lawson Steele and Stuart George.

But there was a fourth departure from Parabola, Barry Woods. If you look at the list of related companies, you’ll see that Steele, George and Woods each had a ‘Windward’ company formed for them 31.05.2018.

Woods’ company was dissolved in September 2019 when, I assume, he broke with Bute.

If you go down that list you’ll see Windward JR Ltd. Those initials stand for John Reilly. He’s the Project Manager for Bute Energy, and a bit of a joker. For here he is quoted by NorthWalesLive in May 2023.

John Reilly, project manage . . . said: “As a nation we’re in a Climate Emergency, and a cost-of-living crisis.

The cost-of-living crisis is partly caused by Net Zero, forced on us to fight a non-existent ‘Climate Emergency’, yet Reilly tries to turn facts on their head. It’s too late for this bullshit, pal. Too many people now see through it.

The latest accounts for Windward JR, which became available to view earlier this month, show a remarkable upturn in fortunes.

A company that never had more than a few hundred quid in the kitty now has over a million. With the filed accounts offering no explanation for this windfall. So where might it have come from?

Answers on the usual postcard.

UPDATE 22.12.2024: The accounts for Windward LS have become available on the Companies House website. They show the arrival of roughly £5 million. We can expect a similar amount to appear in Windward SG Ltd. And probably a larger sum in some other company for Oliver James Millican.

UPDATE 23.12.2024: The accounts for Windward SG Ltd (to 31.03.2024) are also now available. They show an unexplained increase in Assets from the previous year’s £87,950 to £4,722,225.

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A WOMAN OF SOME IMPORTANCE

In June ’23 I put out Taking Control, Of Everything, where I tried to explain how, through funding, appointments, and other means, the ‘Welsh Government’ seems to take over bodies that should be non-political.

In particular, I drew attention to recent changes at the Welsh Rugby Union (WRU) and the Football Association of Wales (FAW).

I mentioned Dr Carol Bell who, according to this bio from Chapter Zero (one of her many directorships), leads (the FAW’s) sustainability strategy“. Which, given how ‘sustainability’ operates in the wider world, will probably bankrupt Welsh soccer.

Since I wrote last year Dr Bell has taken up a number of new appointments.

In January she started Aileni Ltd, with crachach luminary Geraint Talfan Davies, and Geoffrey Hunt of Arup. In March, she became Treasurer of Glamorgan County Cricket Club. Then she got involved in three archaeological bodies. And on April 23 Dr Bell joined Bute’s Windward Energy Ltd.

She is a non-executive director of Norwegian Bonheur ASA. A non-executive director of Cyprus-based platinum and chrome mining company Tharisa. Dr Bell’s Market Screener bio mentions Hafren Scientific Ltd, another mining and drilling company, which for some reason isn’t mentioned in her Linkedin profile. Strange, seeing as she’s the chair.

Hafren Scientific has three outstanding loans with the Development Bank of Wales (DBW), of which Dr Bell was a director until a year ago.

The first DBW loan was made in December 2014. And in that very same month Dr Bell joined both Hafren Scientific and BlackRock Energy and Resources Income Trust Plc. (Though it appears she left BlackRock in March.)

I used to think that Dr Bell and others worked for the ‘Welsh Government’, pushing the Globalist agenda. Now I wonder if she works for a higher authority to ensure Welsh politicos follow orders.

And as we’ve seen, earlier this year, and within weeks of leaving(?) BlackRock, Dr Bell joined Anglo-Scottish investment company Bute Energy. Intriguing.

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FINAL THOUGHTS

John Reilly’s “Climate Emergency“, was concocted by very rich individuals and corporate entities wanting to exercise political and social control through uniparty political systems in Europe and North America.

Their strategy is to destabilise and weaken the West from within, thereby making the Globalist takeover easier. Using tactics like DEI, ESG, CRT, Net Zero, open borders, and a comprehensive rejection of Western traditions and values.

To promote this strategy Globalists have recruited environmentalists, Islamists, vegans, sexual deviants, and of course, the Quisling Left. For all the measures designed to weaken Western societies are promoted as ‘progressive’, with critics dismissed as ‘far right’, etc., etc.

Of course, politicians come and go, whereas other institutions and structures are more enduring, even self-perpetuating. Higher education and the civil service might come into this category.

Academe is obviously in the service of the Globalist agenda, and it’s long been rumoured that senior levels of the UK civil service have been ‘captured’. More than that, it’s said they – not the politicians – now make (or convey) major policies.

It can be seen in Wales. I’ve chronicled the assault on Welsh farming for a decade or more, and it’s usually led by civil servants sent down from London by Defra. Which is believed to have devised (or conveyed) the Starmer regime’s inheritance tax.

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CONCLUSION

Matters are coming to a head. The lunacies that have prevailed for too long are in retreat. We shall see major change in 2025. And it may not be bloodless.

The German government has effectively fallen, there will be elections in February. Already moves are afoot to stop the ‘populist’ AfD from winning. In France, De Gaulle’s Fifth Republic totters from one crisis to another, the country run by pygmies not fit to utter the great man’s name.

Across the West, Globalism and Cultural Marxism (Wokeism) are in retreat, and people realise the threat posed by Islam. Change is coming.

Here in the UK there’s talk of cancelling some of next year’s local council elections in England due to ‘reorganisation’. The truth is, Reform must be stopped.

As I write this, it’s rumoured Canadian PM Justin Trudeau will resign. Whether he does, or whether he clings on until next year’s elections, he’s finished.

Down in Argentina, President Milei has taken a chainsaw to bureaucracy and socialist corruption – and the country is thriving.

And finally, it’s just a month until Donald J Trump becomes the 47th president of the United States of America. And then things are really going to change.

I’m looking forward to 2025 so very, very much.

♦ end ♦

Nadolig Llawen a Blwyddyn Newydd Dda

Bute Energy And Friends: Corrupting Wales

On 08/05/202405/06/2024 By JacIn Colonialism, Corruption, Environmentalism, Plaid Cymru, Welsh Government, Welsh Labour61 Comments

For a second week running, I’m focusing on Bute Energy. This time, looking at its links with the Labour party, and how, through that and by other means, Bute encourages corruption and spreads discord.

This will also serve to bring those who haven’t been following the Bute saga up to date.

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THE FLOODGATES OPEN!

I first became aware of Bute’s links to Labour when I was told that someone was visiting people close to a planned wind farm. This was (the now abandoned) Moelfre site inland of Colwyn Bay, a real outlier from Bute’s other projects.

This Bute representative was David James Taylor, Labour insider who’d been Spad to a number of high-profile figures; UK government minister Peter Hain and Wales first ministers Rhodri Morgan and Carwyn Jones.

In 2016 Taylor stood to become the North Wales Police and Crime Commissioner. After losing maybe he considered his career options. Or perhaps he was approached, for Labour was already helping wind farm developers.

We saw this when Anna McMorrin lobbied Powys councillors on behalf of Hendy wind farm in April 2017, just a month before she was elected Labour MP for Cardiff North.

Taylor formed three companies in October 2018: Moblake Wind Ventures Ltd (which became Moblake Ltd 11.11.2020); Moblake Energy Trading Ltd (folded 2020); and Moblake Associates Ltd (now being struck-off).

The timing is intriguing, because Taylor’s companies were formed a week before his friend and colleague, Lesley Griffiths, set the precedent of over-ruling a planning inspector to give Hendy windfarm planning consent. She did so using the relatively new Developments of National Significance (DNS) legislation.

DNS made it clear that Wales was free range for wind turbines; free of interference from locals, their council representatives, or even planning inspectors.

Taylor was rewarded by Bute with shares in Windward Enterprises Ltd (now Windward Energy Ltd), both in his own name and that of Moblake Associates Ltd. He was also a (non-designated) member of Grayling Capital LLP.

Money magically appeared in Moblake Ltd, which Taylor then paid to himself in ‘loans’ totalling over £600,000 that did not need to be repaid.

There was an attempt to liquidate this company a couple of years ago, but the liquidator was removed last August. Since when there’s been no further news.

Taylor was useful to Bute because of his closeness to Lesley Griffiths, and his insider knowledge of the Labour party machine.

Which is why it’s suggested that Taylor’s personal payment came in shares and other ways; and that most if not all of the £600,000+ was really a donation from Bute to the Labour party.

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‘YOU SAY VISTRA, AND I SAY, ER . . . VISTRA‘?

Someone has contacted me arguing there are two companies called Vistra, and in last week’s post I conflated them. One is a big Texas energy company, the other is a provider of secretarial services.

To explain . . .

Copenhagen Infrastructure Partners (CIP) is funding Bute through CI IV Dragon Lender Ltd, owned by CI IV Dragon Holdco Ltd. All holdco shares owned by Copenhagen Infrastructure V SCSp, which has its address at 16 Rue Eugene Ruppert, L2453, Luxembourg. At the same address is ‘Vistra’.

Now I took this to mean the Texas energy firm, but my contact insists it’s the other one. He’s probably right. But in my defence:

Vistra Company Secretaries Ltd of Bristol (which you’ll read about in a minute) was, until April 2019, Jordan Company Secretaries Ltd. The Vistra name was adopted because it was taken over and joined many companies under the Vistra banner.

Vistra is now owned by Sweden’s EQT, an equity outfit big in green energy.

So there are two Vistra companies. But with both involved in ‘renewable energy’ projects, often the same projects, confusion was almost inevitable.

Especially when we see BlackRock, State Street and Vanguard behind both.

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THE GANG OF FOUR

Soon after landing in Wales, and perhaps in an attempt to establish Welsh credentials, Bute set up a Welsh Advisory Board. You can see the members in the image below.

Left to right: Derek Vaughan, redundant MEP; Dr Debra Williams, businesswoman and academic; John ‘Cwmbetws’ Davies, man of many hats and big shot in the Royal Welsh Agricultural Society; John Uden, partner of Jenny Rathbone MS.

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THE NEATH PORT TALBOT-BRUSSELS-COPENHAGEN CONNECTION

Derek Vaughan was leader of Neath Port Talbot (NPT) council and would certainly know Stephen Kinnock, the Labour MP for Aberavon, the Port Talbot seat.

Vaughan was an MEP from 2009 to 2019, preceded by the late Glenys Kinnock. The wife of former Labour leader, Neil Kinnock, and mother to Stephen.

Stephen Kinnock MP is married to Helle Thorning-Schmidt, former Danish PM. She serves as a director of Danish wind turbine producer, Vestas, reputed to be the biggest in the world.

From Windpower Monthly of March 2024. Click to open enlarged in separate tab

In 2020 Vestas took a 25% stake in Copenhagen Infrastructure Partners. As you’ve just read, CIP is the conduit for funding the Bute projects.

Derek Vaughan’s political background and contacts explain him being chosen as the chairman of Bute’s Welsh Advisory Board. He was a ‘good fit’.

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THE ACADEMIC BUSINESSWOMAN

I can’t tell you much about Dr Debra Williams other than the fact that she was managing director of Confused.com. Now she’s taken a gig at Lampeter, which some might view as a step backwards.

I suppose ‘Top things to do in Lampeter’ is part of the Creative Writing course. Click to open enlarged in separate tab

That said, since Jane Davidson landed there after ‘leaving’ Corruption Bay, Lampeter has tried to re-invent itself as a centre for alternative living. And why not, there are enough ‘alternatives’ in the shacks, tepees, and OPDs thereabouts.

Even so, I keep thinking there’s something I’m missing about Dr Williams, unless she was viewed by Bute as their entry to what passes for the Welsh business community.

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GALILEO AND THE FAVOURED SON

A number of sources have told me that Bute has assiduously courted the Royal Welsh Agricultural Society (RWAS). Which makes sense, for the RWAS gives access to many of the landowners on whose property Bute would like to erect turbines and pylons.

And this explains Bute’s recruitment of John Davies, who from 2012 was RWAS chairman. As I read through his other appointments I recalled Harri Webb’s reference to, “the public men on the boards and panels“.

Put it all together and it made him very attractive to Bute.

I have been told that John Davies was instrumental in seeing Aled Rhys Jones appointed CEO of the RWAS. Nothing wrong, I suppose, with a man of John Davies’s standing promoting a protégé. But there may be more to it.

As you might have read in the link, Aled comes from, “the family’s hill farm near Cwrt-y-Cadno in North Carmarthenshire“. To be exact, Tyllwyd, which I’m told the family still owns, but rents out.

The thing about this area is that it’s being targeted by other wind farm companies in addition to Bute. As I wrote last November, in ‘A Change Of Tack?‘

One of those companies is Galileo Green Energy UK, eyeing a site at Bryn Cadwgan. With another Welsh site planned for Mynydd Ty-talwyn.

The parent company, Galileo Green Energy, is headquartered in Zurich.

Curiously, when based in Bristol – at the Vistra address – Galileo was known as GGE Machynlleth Ltd. Now it’s using a Cardiff office and the name has changed to Galileo Empower Wales Ltd.

From what is now Galileo Empower Wales Ltd documents filed with Companies House when it was knowns as GCE Machynlleth Ltd.. Click to open enlarged in separate tab

A quick shufty at the directors will tell you how Welsh it really is.

Anyway, I hear that Aled Rhys Jones, CEO of the RWAS, stands to gain financially from the Bryn Cadwgan wind farm. A map I’ve been sent shows the outline of the wind farm in red, with the Tyllwyd land edged in green.

You’ll see four turbines planned on Tyllwyd land. With access to the others perhaps over Tyllwyd land. All perfectly legal, but it don’t look good.

The forested land is owned by Natural Resources Wales, which will mean mature trees felled to accommodate wind turbines, access roads, cable trenches, etc.

That’s protecting the environment, that is.

Correction: Just received some clarification: ‘I am informed: There are two machines on Tilhill managed land, but nearly all the others are on ——— — ——– (Ilchester Estate) plantation, with a few on Tyllwyd and other individual land owners.’

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THE MAN FROM GOD KNOWS WHERE

The fourth member of the quartet is John Uden, whose only qualification is being the partner of Senedd Member, Jenny Rathbone, who sits on the Senedd’s Climate Change, Environment and Rural Affairs Committee.

And so to understand why Bute recruited Uden we need to focus on Rathbone.

Rathbone was born in Liverpool and is a member of the Rathbone dynasty, once very influential in that city. The influence continues through Rathbones Wealth & Investment Management.

Jenny Rathbone and other family members are looked after from the investments made. This presumably accounts for the shares in her Register of interest.

An earlier declaration of Rathbone’s says that Uden was getting payment from Bute, but that’s absent from the latest Register. So is he working for free, or is payment being made in some other way?

Interestingly, he set up John Uden Consulting Ltd in March 2020. A company that (apparently) has never turned a penny. Was he planning to go down the same route as Taylor, but backed off after I first mentioned Taylor and Moblake (August 2020) in Corruption in the wind 2, Labour snouts in the trough?

I shall conclude this section by dazzling you with yet another example of propinquity.

A fascinating connection revealed itself shortly after I put out the previous piece. Copenhagen Offshore Partners A/S has an office at 10 George Street, Edinburgh. In the same building we find Rathbone Investment Management (£60bn assets).

It’s probably just another of the coincidences that plague the Bute saga.

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SLICING THE PENSION POT TURKEY

As an example of how Wales is ripped off by the pushers and pimps of the ‘renewable energy’ industry, the Wales Pension Partnership investment takes some beating.

The Welsh local government pension pot (WPP) is investing at least £68m in Bute Energy. Reading the article on the WPP website you might think this money is going directly from the pension fund to Bute. For no intermediaries are mentioned.

Yet the WPP was ‘advised’ by law firm Burges Salmon of Bristol. Then this article in renews.biz gives more names: ‘WPP has been advised by independent clean energy asset manager Capital Dynamics and by the law firms TLT and Burges Salmon’.

That is, Capital Dynamics of London, Birmingham and various cities around the world. Top man is Thomas Kubr, who can be found at the Zug office, south of Zurich.

The registration with Companies House tells that Capital Dynamics has 49 outstanding charges, and is heavily indebted to if not controlled by State Street.

TLT is another Bristol law firm. (It’s s shame we don’t have lawyers in Wales.)

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QUI BONO?

After all is said and done, do we really know who owns the wind farms in Wales? For as I suggested in last week’s piece, Bute Energy, run by Oliver James Millican, is an offshoot of the property and investment company Parabola, run by his father, Peter John Millican.

Also, in last week’s piece (and elsewhere in recent years) I mentioned Njord Energy Ltd and Steven John Radford, the man behind Hendy wind farm, where we earlier met lobbyist – now Labour MP – Anna McMorrin.

Another of Radford’s projects, not far away, was Bryn Blaen. The ownership history is instructive. It starts with Radford leaving Bryn Blaen Wind Farm Ltd in February 2020.

Bryn Blaen is now said to be owned by Elm Wind Holdings Ltd. Which leads back to Elm Trading Ltd, where the latest accounts say:

Click to open enlarged in separate tab

But does this apparently leaderless outfit have any connection with a foreign entity of the same name registered on the Isle of Man?

Or is this just another coincidence?

If so, then maybe we should focus on the labyrinth of companies linked with Elm Trading at the London address. Companies like Time Nominees Ltd, which holds all the Elm Trading shares and is controlled by Alpha Real Property Investment Advisers LLP. Which is owned by Philip Sidney Gower of Guernsey.

Who’s Gower? Well, he’s described here as a ‘serial entrepreneur’.

The point I’m making is that when it comes time to dismantle, recycle, or bury, the clapped-out wind turbines on Bryn Siencyn, and restore the site to its earlier condition, the ‘Welsh Government’, the local council, and Natural Resources Wales, will be met with, ‘Nothing to do with us, squire, we sold it to a company on an island somewhere‘.

And we’ll have to pay for dozens of Bryn Siencyns.

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CONCLUSION

But the immediate danger remains the corruption engendered by wind farm ‘developers’.

Through the influence they wield inside ‘Welsh’ Labour, where corruption is endemic. As we’ve been so recently reminded by the new first minister. Now the poison has spread to Plaid Cymru, exposed to the world when Carmen Smith, Bute lobbyist, was made a peer.

Beyond politics these ‘developers’ cause resentment within the farming industry by making some farmers offers they can’t refuse – a position into which many have been manoeuvred by the ‘Welsh Government’s war on livestock farming.

And finally, there’s worry and division inflicted upon communities across Wales.

∼

It really pisses me off to see the country I love reduced to third world level; where a few chiefs can be bribed so the rest of us can be exploited, our country wrecked.

We’re in this mess because leftists believe they’re fighting the evils of capitalism by buying into the climate scam dreamed up to further the ambitions of the wealthiest individuals and the biggest corporations on Earth.

♦ end ♦

Bute Energy: Who’s Really Behind It?

On 29/04/202407/05/2024 By JacIn Colonialism, Colonisation of Wales, Corruption, Environmentalism, Planning Inspectorate, Wind Turbines56 Comments

I’m returning to the ‘Bute’ stable of companies, a subject I’ve ignored for a while. More especially, some aspects of Bute’s operations that may have been overlooked.

1/ How did investment company and property developers the Parabola group, from which Bute emerged, learn about the opportunities offered by wind turbines in Wales?

2/ We’ve been told the funding for Bute’s projects will come from Copenhagen Infrastructure Partners and the Wales Pension Partnership. But is that true?

I’m starting with some background, which I think sets the scene. So please indulge me there before we move on later to the ‘meat’ of the piece.

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THE TRAILBLAZER GETTING A LITTLE HELP FROM THE COMRADES

Before the boys from Parabola ever heard of Nant Mithil, Waun Hesgog, or Blaencothi, other nobly-intentioned businessmen, alarmed by the impending climate crisis, were trying their damnedest to cover central Wales in wind turbines.

I’m going to focus on one of those wind farms; Hendy, to the east of Llandrindod.

Planning permission was refused by Powys County Council in April 2017, and that decision was upheld by a planning inspector a year later. But then, Lesley Griffiths, Energy, Planning and Rural Affairs Secretary for the self-styled ‘Welsh Government’ intervened, to ignore the inspector’s decision and give Hendy the green light.

Prior to this, an inspector’s decision was almost the final word. But now it was being over-ridden using the legislation that gave us Developments of National Significance.

From now on ‘Welsh Ministers’ had authority to rule on electricity generation projects with a maximum installed capacity of 10MW to 50MW. Below that, responsibility lies with local authorities; and above, it’s the UK government.

Which means that developers pitch their projects in the 10 – 50MW ‘sweet spot’.

The main director of Hendy Wind Farm Ltd was Stephen John Radford. He had other wind companies including, in Wales, Rhoscrowther Wind Farm Ltd, on the Haven, and Bryn Blaen Wind Farm Ltd, near Llangurig.

Radford was very close to, if not fronting for, the U+I group. Though it seemed he also had his own piggy-bank in Njord Energy Ltd.

Lobbying Powys councillors on behalf of the Hendy wind farm was Anna McMorrin. She was seen at a meeting on 27 April 2017, desperately trying to hand a note to councillors considering the project.

She was working for Invicta Public Affairs, which has its headquarters in Newcastle, but also a presence in Edinburgh, and Glasgow.

She had been working as a Spad in Corruption Bay, for which she was rewarded by being selected as the Labour candidate for Cardiff North. In June 2017 she became the MP.

Maybe this is the first instance of someone working simultaneously for the Labour party and wind energy developers. There have been many more since Anna McMorrin.

Once they got to know each other, I’m sure Radford made the boys from Parabola understand that to get anything done in Wales you must have people working for you inside the Labour party.

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THEY MEET, AND THE BOYS FROM PARABOLA BECOME BUTE

In September 2018 Windward Generation Ltd was launched; the name changed to Bute Energy the following month, and finally became RSCO 3750 Ltd in March 2020.

The founding directors were Oliver James Millican and Lawson Douglas Steele, who were joined a week later by Radford. The man from Hendy left in December 2019 and was replaced by Stuart Allan George, who’d left Parabola with Millican and Steele.

But I want to go back a little further, and consider the ‘Windward’ name.

Just before Christmas 2014 Windward Enterprises Ltd was launched. This company’s stated business was ‘Financial management’. The sole director was Oliver James Millican, using secretarial services in Edinburgh, but a Newcastle office address for himself. (Newcastle being where Parabola started out.)

This was a long time before any interest was expressed in wind turbines.

In November 2016 the address switched to Broadgate Tower in London, where we now find Parabola; and the company name changed in August 2018 to WELN1 Ltd.

We encounter the ‘Windward’ name a number of times early on in this saga, but what if it has nothing to do with wind power, and instead refers to the Windward Islands in the Caribbean?

I’m thinking now of tax havens. Just a thought.

If you study the timeline of company formations, you’ll see that the first ‘Bute’ company, Windward Global Ltd, wasn’t formed until May 2017. This is now the holding company for the Bute empire, controlled by Oliver James Millican.

Millican’s father, Peter John Millican, runs the Parabola property empire, with more companies under the umbrella than I was able to count. As we’ve seen, son Oliver ceased being a director at Parabola late in 2017.

Steele was employed as Investment Director at Parabola. He left in October 2017.

Stuart George was also a Parabola employee.

And there seems to have been a fourth departure. For on 31 May 2018, in addition to Windward LS Ltd (Lawson Steele), and Windward SG Ltd (Stuart George), a company called Windward BW Ltd was launched.

The ‘BW’ is Barry Woods. I can’t tell you much about him, except that he’s Irish, and he’d also worked for Parabola. In fact, he was a designated partner, along with Parabola Real Estate Investment Management LLP, in Parabola Partners LLP.

Just like Millican, Steele and George, Woods quit Parabola in November 2017.

He then seems to have parted company with the other three on 24 September 2019. The last trace of Woods sees him running Woods Investment Management Ltd in Edinburgh, which folded after a couple of years, in March 2021.

So we have four men, all in their thirties, and all working for a major property and investment group (one of them the boss’s son); but late in 2017 they apparently hear the planet calling, sever their ties with Parabola, and go off to erect wind turbines in Wales.

Do you buy that?

Something else that gives off a bit of a whiff is that if the four of them had started up on their own, I would have expected to see them as partners. But Millican Junior in control suggests a continuing link with his father’s business empire.

Using the Parabola address at the Broadgate Tower, 20 Primrose Street, London EC2A 2EW is also a bit iffy.

It’s far more likely that, in 2017, the four turbineers started setting up companies in Wales, ultimately owned and controlled by Parabola, to capitalise on the ‘How many turbines would you like, duckie?’ DNS system.

◊

MONEY, MONEY, MONEY

Funding is a vital consideration because more than 20 wind farms, an unknown number of solar arrays, at least 6 Battery Energy Storage System (BESS), and mile after mile of pylons, requiring connectors and other whatsits, do not come cheap.

Admittedly, nothing has yet been built, but even so, Bute employs dozens of people, rents or leases office space, and promotes itself relentlessly by sponsoring everything from the Ystradgynlais Wet T-shirt Olympics to the Llanfair Caereinion Refuge for Distressed Ferrets.

So where’s the money coming from to fund this unrivalled extravaganza of bird dicing?

We can (perhaps surprisingly) rule out the Development Bank of Wales, a soft touch that throws moolah at magic bean salesmen and landfill-owning friends of politicians.

Instead, our attention must turn to the two stated funding sources: Copenhagen Infrastructure Partners (CIP), and the local councils’ Wales Pension Partnership (WPP).

The WPP involvement is a bit of nonsense that it’s hoped will give the impression Wales is benefitting from wind power. Though on a more practical and political level I suppose it gives Bute even more leverage in Corruption Bay.

I’m going to focus on Copenhagen Infrastructure Partners and see where that takes us.

Now the first thing to make clear is that CIP is not a bank, it does not provide funding. The clue appears to be in ‘Partners’, for it seems investors looking for green projects go to CIP, which then finds them the right fit.

Or it could be t’other way around. Either way, we can be sure CIP takes its cut.

The funding from CIP for Bute is channelled through CI IV Dragon Lender Ltd. This is owned by CI IV Dragon Holdco Ltd. Both companies are based in Rotherham, South Yorkshire.

The latest accounts for CI IV Dragon Holdco (y/e 31.12.2022) give a list of ‘Subsidiary undertakings’ (page 20) in which the company holds a ‘golden share’. These are Bute companies, including Green Generation Energy Networks Cymru Ltd, which wants to build a network of pylons.

And as you can see below, since October last year all 79,000,000 shares in the holding company are in the possession of Copenhagen Infrastructure V SCSp.

Which can be found at 16 Rue Eugene Ruppert, L2453, Luxembourg, the EU’s internal tax haven.

And at that address we find an outfit called Vistra. So who are they? It turns out they’re a Fortune 500 company from the Lone Star State. Well, Ye haw!

Vistra is big itself in electricity production and supply, but it also ‘partners with suppliers’, which would presumably include Bute.

But why is Bute dealing with Copenhagen Investment Partners which is dealing with a US company working out of an office in Luxembourg? Especially when Vistra has offices in the UK.

Among them, a very familiar address in Edinburgh. In fact, if you close in on this Google maps capture you’ll see the Vistra plate, top right.

The name Vistra was vaguely familiar, but not in connection with Bute. It was linked more with the Bristol address you see above, and Galileo, which wants a wind farm at Bryn Cadwgan, to the east of Lampeter.

All explained in this piece from last November, A Change Of Tack?

Galileo is based in Zurich, Switzerland. It began life locally at Vistra’s Bristol office before moving to Edinburgh. But there’s also Galileo Empower Wales Ltd which has a presence on Cathedral Road in Cardiff.

Its directors are Italian, German, Scottish and Irish. A typical ‘Welsh’ company.

The Bute companies are fronting for Vistra of Texas through Copenhagen Infrastructure Partners. The ‘golden share’ in so many Bute companies means that those projects are effectively owned by Vistra.

With an obvious connection via Oliver Millican to his father’s Parabola group. Which we must assume is also getting a cut.

The sequence would appear to be: Parabola spawns Bute, Bute goes to CIP, CIP finds Vistra, and Vistra either puts in its own money, or it finds funding from . . .

UPDATE 30.04.2024: A reliable source draws my attention to another link between Copenhagen and Vistra. There are many more.

UPDATE 2: 30.04.2024: Another source reminded me there are many Njord companies. Often linked to CIP. A little digging brought up yet another, and an intriguing connection.

Copenhagen Offshore Partners A/S has an office at 10 George Street, Edinburgh. At the same address we find Rathbone Investment Management (£60bn assets). A member of the Rathbone family is Jenny Rathbone MS, who sits on the Climate Change Committee.

Her Partner, John Uden, was recruited (for no obvious reason) to sit on Bute’s Welsh Advisory Board.

I think we’re at the stage now where so many Labour people (some I’ve never mentioned) are benefitting financially from Bute / CIP that an independent inquiry is needed.

◊

CONCLUSION

The situation is that through Developments of National Significance, and now the Infrastructure Bill, Wales is being desecrated and exploited by foreign corporations.

The ferrets of Llanfair Caereinion notwithstanding, there are no real benefits for us; nothing in terms of jobs, or anything else.

The real beneficiary is England, where communities can and do object to wind farms. Which is why, as reliable sources of electricity generation are phased out on the orders of Globalist ‘environmentalists’, electricity generated in Wales must go to England, and this explains the need for so many pylons.

The wind farms, solar arrays and pylons in Wales (and Scotland), are also needed to help the UK / England meet its Net Zero commitments. Which I suppose raises the possibility of political pressure being applied from London.

What’s happening is so obvious that I even find myself in agreement with the leftist(s) who wrote, ‘Neoliberalism Has Quietly Flourished Under Welsh Labour – It’s Time To Break The Silence‘. (The comrades love slick and catchy titles!)

Joking aside, and looming over all other considerations, my biggest worry is that even though we can now identify Bute, and Parabola, and CIP, and Vistra, we still can’t be sure where the money for these projects begins its journey.

Which provides two major headaches.

If the Bute funding needs to be ‘filtered’ so many times (with everybody taking a slice) then it raises suspicions that the original funder may not be entirely acceptable.

And if we don’t know who ultimately owns the installations, then how do we get these sites restored when they come to the end of their working lives?

Instead of being suckered by those fronting these projects those pretending to run this country need to establish who is ultimately funding each and every project operating in Wales or proposed for Wales.

We also need to look into the relationship between Bute Energy / Parabola / CIP / Vistra and the ‘Welsh Government’. In particular, how it’s grown to the point where Bute has a position close to being a state-sponsored monopoly.

♦ end ♦

A Change Of Tack?

On 02/11/202327/11/2023 By JacIn Colonialism, Corruption Bay, Environmentalism, Welsh Government, Wind Turbines82 Comments

The title is a nautical reference to wind, and a change of direction, which I’m entitled to use cos I was in the Sea Scouts. Right! And what I’m alluding to will, I hope, become clear before the end.

◊

TWM SIÔN CATI

We start in the wild and beautiful uplands between Lampeter and Llanwrtyd, once home to Thomas Jones, known to us all as Twm Siôn Cati, or Twm Shôn Catti.

In the centre of the map I have pinpointed Bryn Cadwgan; Twm’s cave is to the west, and to the south east we see Ystradffin, where Twm took a fancy to the widowed heiress, Joan, and eventually married her.

Last year I wrote about a plan for wind turbines at nearby Bryn Brawd, which you can see to the north west of the pin. It was in this post, just scroll down to the section ‘Local benefits (well, local to somewhere)’.

A company mentioned in that piece, Awel Newydd Cyf, recently issued 43,659,462 shares. Which suggests there may be something in the wind. (Geddit?)

But I wouldn’t get carried away by the company’s Welsh name, for it’s ultimately owned by Elm Trading Ltd, which has being issuing shares like they’re going out of fashion.

The Elm Trading website tells that a number of its assets are in Wales.

We’re switching our attention to Bryn Cadwgan because another wind farm is planned there, and it should go without saying that the plan comes from yet another gang of foreign investors.

So who is it this time?

◊

GALILEO GREEN ENERGY

This company launched in early 2020, and is headquartered in Zurich, Switzerland. Set up with . . .

. . . an initial investment of £190m from its four institutional long-term investors,

These ‘investors’ are all from Australia and New Zealand.

Since then Galileo Green Energy UK seems to have divided into a Scottish operation, now based at 7 – 9 North St. David Street in Edinburgh; and a Welsh operation at C12 Cathedral Road in Cardiff.

Galileo Green Energy Wales was set up in April 2021, and was originally known as GGE Machynlleth Ltd (until 4 June 2021). Why ‘Machynlleth’ should appear in the name is a mystery, seeing as the original address was in Bristol, and the first directors lived in Italy (2), France, and Ireland.

Was the original plan to bless the Dyfi valley with yet another wind farm?

All 10,000 shares for Galileo Green Energy Wales are held by GGE Nordics Ltd, who can now be found at the North St. David Street address. But until January this year was up on the fourth floor of 115 George Street in Edinburgh.

The majority shareholder in GGE Nordics is Empower Renewables Ltd, also of 7 – 9 North St. David Street. When we look at Empower’s UK registration we see that apart from a Dane (who lives in Killarney) all the directors are Irish, with control exercised by Diarmuid Anthony Twomey of Castleknock, Dublin.

Twomey is also a director of Galileo Green Energy Wales Ltd.

At the risk of getting distracted or bogged down . . . another company using the fourth floor at 115 George Street as an address is Vistra Ltd.

I only mention this because Vistra’s main UK office seems to be at 10 Temple Back in Bristol. Which is where Galileo Green Energy Wales started out.

Finally, we need to look at Galileo Energy UK Ltd, formed 18 February 2022, and originally known as Galileo Green Energy Management Services UK Ltd. This company is wholly owned by Galileo Green Energy Gmbh of Zurich.

I bet like me you’re excited by all the Welsh involvement in these projects!

◊

MYNYDD TY-TALWYN ENERGY PARK

“So where are we now?“, you’re wondering. Well, Mynydd Ty-talwyn, or Mynydd Ty Talwyn, is just to the north west of Bridgend. Outlined in red on the map.

Other than Bryn Cadwgan it’s the only Welsh site I’m aware of. Though the website tells us (scroll down to the ‘About Galileo’ section): ”

Mynydd Ty-talwyn Energy Park is one of a pipeline of our new renewable energy projects in development across Wales.

So where are the others?

Never mind that for now, because I want to concentrate on a worrying claim and a serious untruth, on the Mynydd Ty-talwyn website; and I also want to highlight a major drawback with Bryn Cadwgan.

Under ‘Specifications’ ‘Wind’ we read,

Approximately 64,643 tonnes of carbon dioxide emissions saved per annum.

We don’t normally see this calculation given, so why do we see it here? One possibility must be that the calculation has been made for the purposes of carbon offsetting.

Just as medieval evil-doers would pay the Church to be forgiven their sins, and carry on sinning, carbon offsetting is a twenty-first century version of the scam.

Immediately below we read, “Up to 50-year lifetime“. If that’s the projected lifespan of the Mynydd Ty-talwyn Energy Park then Galileo must plan to replace the turbines at least once. For few turbines last 20 years.

On the other hand, if Galileo is saying that the turbines they hope to erect at Mynydd Ty-talwyn will last 50 years, then that statement is an outright lie.

Another issue is that Mynydd Ty-talwyn is home to a . . .

Cluster of nationally important medieval house platforms and settlement remains.

The reference comes from a report of March 2021 to Bridgend CBC of scoping work carried out in relation to the application for nearby Y Bryn Energy Park.

And they’re shown clearly on the OS map for the area. Though just one is shown on the map supplied by Galileo (above) there are at least three around Mynydd Ty-talwyn.

We saw Irish control of Empower Renewables Ltd up at North St. David Street, Edinburgh, and Coriolis Energy, the company behind Y Bryn, is also Irish. The other company involved at Y Bryn is ESB UK, the UK face of a further Irish company.

Mynydd Ty-talwyn is not far off the beaten track, but even so, there will be environmental damage caused hauling huge turbine blades and towers to a relatively unspoilt area.

And let’s not forget the vast concrete bases for each turbine, and the access roads gouged out of the earth, the trenches for cables . . . and then there’ll be the pylons . . .

We can take it for granted that the blades and towers will not be manufactured locally, which will probably see them shipped into Swansea docks and then taken along the M4, before the final four or five miles of their journey to the site.

But the problems that’ll be encountered there are nothing compared to what will need to be overcome at Bryn Cadwgan. From Swansea docks the loads can take the M4 west, and then perhaps the A483 up past Llandovery, but then what?

Once you leave the A483 and head for Rhandirmwyn, and the closer you get to Bryn Cadwgan, the more you’ll realise that you’re really out in the sticks.

How many wind turbines can you get in the back of a farm pickup truck? Click to open enlarged in separate tab

To reach the site itself, new roads will have to be laid. The environmental damage caused will be immeasurable . . . unless of course those clever people at Galileo can get their calculators out again.

◊

WHO’S WHO AT GALILEO

Let’s start by going back to the main Galileo website. In particular, to the ‘Our People‘ section where, yet again, we see a complete absence of Welsh involvement. Whereas in Scotland, those involved all seem to be Scottish.

Let’s look first at Rob Paul and Joe Winton, both described as ‘Development Manager’. These two are also directors and shareholders of One Wind Renewables Ltd of Truro, a dormant company.

We find these two, along with Simon Edward Coles, at a number of renewables companies. They’ve been knocking around the sector since they were callow youths, and both seem to have started out with Ecotricity.

Next we turn to Leslie Walker, Senior Project Manager. Very interesting, Ms Walker. Here’s her Linkedin page to give you a clue as to where we’re going. (Scroll down to her ‘Interests’.)

On that Linkedin page you’ll see that she works for Dutch company Arcadis Consulting. And has done for over 30 years.

I’d never heard of Arcadis, maybe I should have, because it gets a lot of work in Wales. Much of it from the so-called ‘Welsh Government’.

Here’s an example. A report from just last month about Arcadis working with US company Tetra Tech for the ‘Welsh Government’ on a new bridge at the Prince of Wales dock in Swansea. No mention of Swansea council involvement.

But Cardiff council is mentioned in this piece about Arcadis helping the council develop an electric vehicle strategy. (In conjunction with the local fire brigade?)

Let’s step back to 2017 and find Arcadis working for the ‘Welsh Government’ on strategic transport connections for Dinas Powys.

And talking of transport . . . From November 2020 we have this final scoping report from Arcadis on the Integrated Sustainability Appraisal of the Wales Transport Strategy.

There’s a transport strategy!

Arcadis and the ‘Welsh Government’ are ‘close’. As this piece makes clear.

I’m not for one minute suggesting that Leslie Walker is not good at what she does, but if I was in the position of Galileo, hoping to get approval for major contracts in Wales, I’d be looking for somebody who knew their way around the Bay.

And recruiting Walker might be less controversial than taking on Matt Enoch who, after 13 years as Project Manager and then Project Director with the ‘Welsh Government’, joined Arcadis in October 2019 as Project Director.

I could go higher up the food chain to people like Ingmar Wilhelm, CEO at Galileo Green Energy, but it wouldn’t tell us much more than we already know. We’re dealing with foreign individuals, foreign companies, foreign money.

Our contribution is our country – and most of us don’t even know we’re making it.

◊

FINAL THOUGHTS

Earlier I mentioned that GGE Nordics Ltd, which owns Galileo Green Energy Wales, had been based at 115 George Street, in Edinburgh’s New Town. When I wrote it, I thought to myself, “Jones, that address rings a bell“.

And sure enough, it’s an address I’ve seen in connection with Bute Energy. More specifically, with Copenhagen Infrastructure Partners (CIP), which is investing in Bute’s Welsh projects. I wrote about here.

115 George Street, Edinburgh. Click to open enlarged in separate tab

Bute is a Scottish company that’s appeared on this blog many times. It has insane plans to turn our country into a vast open-air electricity generator for England. And like Galileo, Bute employs people familiar with the denizens of the Swamp.

The connection between Bute and Galileo seems to be by association, via CIP. Then again, the link could be Vistra, with companies using it as their address. Which might explain the original Bristol address for Galileo Green Energy Wales.

Food for thought.

We may have missed the public meetings for Mynydd Ty-talwyn, but those for Bryn Cadwgan are being held next week; Llanddewi Brefi on Wednesday, and Pumsaint on Thursday.

I suggest that people turn up to these meetings and demand answers to all sorts of questions. Here’s what I might ask . . .

How much environmental damage will be done transporting the turbines to and and erecting them at Bryn Cadwgan?
Where are Galileo’s other Welsh projects?
How many local jobs will be provided at Bryn Cadwgan?
Is Galileo claiming that wind turbines last for 50 years?
How much of Galileo’s business model is carbon offset ‘greenwashing’?
Is there any connection between Galileo Green Energy and Bute Energy?

And finally, always remember! wind turbines are not built to save the planet. They’re built to make a few people a lot of money, and to make our lives more difficult through an increasingly expensive and unreliable electricity supply.

♦ end ♦

Bute Energy Selling Wales For Danegeld?

On 21/02/202213/04/2023 By JacIn Colonialism, Corruption, Environmentalism, Greens, Labour Party, Welsh Government, Wind Turbines69 Comments

Yeah, yeah, retirement. If only!

♦

THE STORY SO FAR . . .

I’m returning to a subject I’ve tackled before because there have been developments. But before the update we’ll do a quick recap.

Bute Energy Ltd, operating through a host of other new companies, hopes to build some 20 wind farms (at the last count) across Wales. Bute Energy is based in London. (With an Edinburgh pied-à-terre.)

This company is owned by Windward Enterprises Ltd, which was formed 31.05.2018. With Windward Enterprises owned by Windward Global Ltd, which was given life in May 2017 under a different name and perhaps for a different purpose.

Windward Global is controlled by Oliver James Millican who, when accompanied by Stuart Allan George and Lawson Douglas Steele, are the only directors found for most, if not all, the yearlings in the Bute stable.

The reason for the Bute boys choosing Wales is partly that England is reluctant to take onshore wind turbines, and partly that the soi-disant ‘Welsh Government’ has worked itself into a frenzy of planet-saving self-righteousness. To the point where it cannot be long before sackcloth and ashes become de rigeur among the worshippers of Deryn.

Which some of you might view as noble and altruistic.

Less commendable – but truer to type – is Labour Party insiders being given sinecures. Explained here in Corruption Is Such An Ugly Word . . . But I Can’t Think Of Anything Else To Call It!

Don’t that title just trip off the tongue!

Having alluded to a multiplicity of companies involved in the Bute wind farm offensive I’d better give you a link to the updated list of those entities.

◊

DEVELOPMENTS

The working assumption was that a new company called Bute, presumably representing City investors, had come to an arrangement with the ‘Welsh Government’.

The deal being the one I just outlined: that in return for keeping Drakeford and his gang in Greta’s good books, and for taking on a few Labour lags, Bute would be allowed to build wind farms just about anywhere they wanted – planning permission guaranteed from Lesley Griffiths MS (and Gary).

Lesley Griffiths (and Gary) with Plaid Cymru MS Elin Jones. Click to open enlarged in separate tab

I recently learnt of a couple of new stars in the Bute constellation.

The first is Grayling Capital Operations Ltd, formed 02.11.2021. This is controlled by Grayling Capital Holdings Ltd. Which is in turn owned by Windward Global Ltd, which we looked at just now.

The other new arrival is Grayling Capital Investments Ltd. This is also controlled by Grayling Capital Holdings Ltd and then, by extension, Windward Global Ltd.

Other news from last week was that Windward Cambria Ltd, formed 08.10.2021, had changed its name to Bute Energy Development Holdings Ltd. This company is controlled by Windward Enterprises Ltd. Which is in turn – and again! – owned by Windward Global Ltd.

Complicated, innit?

Then, in updates received from Companies House last week, I learnt that Bute Energy Ltd and Bute Energy Development Holdings Ltd had taken out loans, or found investors.

Bute Energy owns Bute Energy (Cambria) Ltd, the first link in the chain of ownership for the 20 wind farms on the list I linked to earlier. (Here it is again.) Which means that all the Bute wind farms in Wales are covered by the loan to Bute Energy.

The locations of the Bute Energy wind farms. Click to open enlarged in separate tab

As for the loan to Bute Energy Development Holdings Ltd, seeing as it’s a relatively new company – just over 4 months old – I’m sure we’ll learn more in the near future.

The name that came with the loans is, ‘CI IV Dragon Lender Ltd’.

I’d like to tell you that this is a new Welsh financial institution created with the backing of a pro-business administration in Corruption Bay.

I’d like to, but I don’t do fairy tales.

Explaining who we’re dealing with here is quite complicated, so please bear with me. The company number given on the debenture documents is 13816597, and this is indeed the number for CI IV Dragon Lender Ltd.

Set up as recently as 23 December last year this company, with an address in Rotherham, South Yorkshire, is owned by CI IV Dragon Holdco Ltd, which shares the Rotherham address, and was formed on the same day.

Fancy that!

It’s reasonable to assume that ‘Dragon’ is a reference to Wales, and the 20 wind farms Bute has planned for our country.

The single share issued by Dragon Holdco is held by CI IV Transfer Coöperateif UA, of Utrecht in the Netherlands.

There are a number of other CI IV companies registered with Companies House. None of which go back further than March, 2020. Many link with Scottish projects, and use as their address, 115 George Street, Edinburgh.

Some of you may remember George Street from earlier postings. It’s the New Town office of the Edinburgh Solicitors Property Centre (ESPC), used by Millican and his mates.

So who or what is ‘CI IV’? The answer is that it stands for Copenhagen Investments 4. The answer was found through this Linkedin page.

It’s an investment fund and part of the Copenhagen Infrastructure Service Co. Here’s the link to the website for Copenhagen Infrastructure Partners. This outfit will invest your money in wind energy and similar projects.

As we read under the ‘News’ tab, ‘CIP is the world’s largest dedicated fund manager within greenfield renewable energy investments’.

Here’s the page for CI IV. The map obviously hasn’t caught up with latest developments in Wales. Which may be understandable, given that Companies House wasn’t notified of the deals until last Thursday. (Though I’m sure negotiations between Bute and CIP had been going on for some time.)

A search for ‘Bute’ on the CIP website turned up nothing, but I did find another reference to Wales. For this page tells us, ‘Copenhagen Infrastructure 1 has invested GBP ~155m of equity for a 49% stake in Falck Renewables S.p.A.’s (Falck) operational onshore wind portfolio in Scotland and Wales.’

In this portfolio we find Cefn Croes wind farm in Ceredigion.

This buy-in was financed by PensionDanmark. Which means that a wind farm in Ceredigion is now jointly owned by a Danish pension fund and an Italian company.

With all involved expecting to make a pile of money. Well, everybody except the locals; who’ll end up with crumbs, from their own table.

And perhaps flooding.

The only question remaining, for me is this: Was Bute Energy acting all along as a stalking-horse for others, or did Bute get its foot in the door and then look around for the investment needed to realise its ambitions?

Did the ‘Welsh Government’ care either way?

∼

UPDATE: I found this from December ’21. Lee Waters MS, Deputy Minister for Climate Change, worries about German pension funds profiting from offshore wind farms. Waters’ gang in Corruption Bay has no control over offshore wind farms.

Is he also concerned about onshore wind farms – for which his ‘Welsh Government’ will have to give planning permission – benefitting Danish pension funds?

One to watch?

◊

THOUGHTS

When the ‘Welsh Government’ decided that our homeland was to become an al fresco power station those mighty intellects were confronted with three options as to how they might go about achieving that objective.

They could have . . .

Invested in Welsh companies to build the turbines, and other Welsh companies to generate electricity. Thereby creating thousands of jobs and enriching the country.
Followed their socialist instincts and had our wind farms run by a body owning them for the nation; or else local groups could have owned individual wind farms. (As appears to be happening in Scotland.)
Acted like a pimp and invited violators and exploiters to do what they wished with Mam Cymru.

As we know, to our cost, the ‘Welsh Government’ chose the third of those options. All the while trying to justify the betrayal by whimpering about a ‘climate emergency’.

Which goes some way to explaining why these latest developments involve companies and investment fund managers from Denmark, a country not much bigger than Wales, and with none of our natural resources.

I have no doubt that Denmark is one of the countries the ‘progressive’ consensus in Corruption Bay looks up to, and wants Wales to copy. A kind-of socialist country with a high standard of living, first-class infrastructure, and health and social services that most countries can only dream of.

But how do the denizens of the Bay think these goodies are paid for? Do they believe that Denmark gets a block grant every year, perhaps from Berlin, or maybe Brussels?

The truth is that the Danes have their little piece of heaven thanks to a healthy economy of their own. Due to the likes of the Maersk Group (value, 2018: $28.1bn), the Carlsberg Group ($19.3bn), and Danske Bank (£16.6bn, 5m+ retail customers).

Apropos this article, another reason the luvvies of the Bay look towards Denmark is because the Danes are soooo committed to renewable energy.

Let’s compare the Danish approach to renewables with that of our esteemed tribunes.

The Danes design turbines, and build them at home and abroad. Either way, the money ends up back in the land of the Little Mermaid. Big in this field is Vestas Wind Systems (value, 2018: $17.9bn). And as we’ve seen in this article, there are also the Danish investment funds.

So, one way or another, Denmark gets 100% of the economic benefit from wind turbines erected in and off Denmark, and a healthy slice of the moolah for turbines erected elsewhere. Especially in ‘welcoming’ countries like Wales.

Wales sees only ‘community funds’. The modern equivalent of beads and blankets.

This kind of relationship used to be called colonialism. The sort of thing socialists and ‘progressives’ railed against. Presumably, the ‘Welsh Government’ now believes that such exploitation is OK if it can be greenwashed.

However we look at, ‘renewable energy’ has been one of the biggest rip-offs in Welsh history. Anyone who thinks this exploitation is acceptable because we’re ‘saving the planet’ is either a fool or a liar.

Bute Energy, in various manifestations, with addresses in London and Edinburgh has, for a minimal outlay, landed itself at least 20 wind farms in Wales that it can now exploit with foreign investment, or sell off entirely for a vast profit.

Wales will see none of that money, no jobs, and no other benefits . . . unless of course you’re well connected with the ‘Welsh’ Labour Party.

◊

AND FINALLY . . .

I don’t for one second blame Danish companies for making money; for providing jobs and creating wealth for Denmark and the Danish people. Nor do I attach any blame to Danish politicians for encouraging this entrepreneurialism.

That is what they are supposed to do.

The blame for the growing inequalities between two small European countries, and the growing exploitation of one by the other, rests entirely on the shoulders of those posturing clowns in Cardiff.

They who have failed us, the Welsh people, time after time.

Let’s emulate Denmark by all means. And Ireland, which wants to erect – in Wales, of course! – the UK’s tallest wind turbines.

But let’s remember there can be no substantive improvement until we sever the English connection. Another slavering simian we need to get off our back is a socialism that prioritises gestures and identity politics over the material well-being of our people.

♦ end ♦

Jac o' the North

Tag: Copenhagen Infrastructure Partners

Bute Energy And Friends: Corrupting Wales

Bute Energy: Who’s Really Behind It?

A Change Of Tack?

Bute Energy Selling Wales For Danegeld?