Bute Energy And Friends: Corrupting Wales

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.

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.

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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.

‘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.

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.

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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.

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’.

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.

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.

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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.

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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.’

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?

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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).

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

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.)

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:

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

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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.

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 ♦

© Royston Jones 2024

Bute Energy: Who’s Really Behind It?

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.

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.

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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.

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.

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Stuart George was also a Parabola employee.

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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.

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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.

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

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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.

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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.

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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 ♦

© Royston Jones 2024