Parabola Bute Energy, Scottish Echoes

This piece has been prompted by information received from Scotland, which may clear up a lingering mystery, while also telling us more about the operations of those involved with Parabola Bute Energy.

I use that name because I’m convinced that Bute Energy, which wants to build some 20 wind farms in Wales, plus other installations, also mile after mile of pylons, is little more than a venture into the renewables sector by property group Parabola.

I say that because the ultimate holding company for all Bute companies is Windward Global Ltd. This company is controlled by Oliver James Millican. He is the son of Peter John Millican, who runs Parabola.

The son worked for the father at Parabola, as did the other Bute principals (though some have since left Bute). They all ‘departed’ Parabola late in 2017 or early in 2018.

But to avoid confusion, I’ll stick to the name you’ve become familiar with.

NEWS FROM THE NORTH

I’ve written a lot about ‘Bute Energy’, in its various incarnations, but always from a Welsh perspective. And despite consistently identifying it as a Scottish company, I’ve never really looked into what Bute’s owners might have got up to in Scotland.

So let’s put that right. Starting with a warehouse, a very big warehouse, over 122,000 sq ft; it’s to the east of Glasgow, not far off the M8, which runs to Edinburgh.

Click to open enlarged in separate tab

It was reported on October 2, 2018 that the Titan warehouse had been bought for £6.5M by Grayling Capital. This is Grayling Capital LLP, formed just over a year earlier.

If we turn to the Members of this LLP, we see the names of Oliver James Millican, Stuart Allan George, and Lawson Douglas Steele. These are the names we’ve become familiar with as they keep turning up as directors of the Bute companies in Wales.

At the bottom of the list we see David James Taylor, a Labour insider in Wales whose name has cropped up a few times in the Bute saga.

The warehouse had been used by Lidl, but the company decided to move out to a purpose-built warehouse of their own. So Grayling looked around for a buyer. They didn’t find one, but the Covid pandemic did provide a tenant, in the form of the Scottish government. Or rather, the Scottish NHS.

The lease runs to 31 January 2031, at £766,094 per annum. Which was a good bit of business for Grayling, but it got better. For in March 2021 the warehouse was sold for £14.326m to the Lothian Pension Fund. Ultimately owned by the City of Edinburgh Council.

Though I ask myself, why did Lothian Pension Fund pay £14.3m for a property it must have known sold for half that price just over two years earlier? Did the Auditor General get involved?

Grayling Capital LLP is now liquidated.

In the report I just linked to you’ll see the sale worded thus:

The Lothian Pension Fund has acquired a prime logistics warehouse at Eurocentral in North Lanarkshire from Windward Titan.

Windward Titan was a vehicle set up specifically for the warehouse deal in Scotland, and that explains why it hasn’t been mentioned on this blog. Though ‘Windward’ should certainly be familiar to regular readers. It crops up with a number of other companies.

Windward Titan is now dissolved.

The directors were of course Millican, Steele, and George. Control was exercised by Windward Enterprises Ltd, which is now – since St David’s Day this year – known as Windward Energy Ltd. Which is in turn owned by the company mentioned above as the ultimate holding company, Windward Global Ltd.

Here’s the warehouse disappearing from the Windward Titan balance sheet.

Click to open enlarged in separate tab

You’ll see that the warehouse was valued at just over £7 million. It sold for £14.3 million. And on top of that there’s the income of £766,000 a year from the Scottish NHS until 2031. Did that lease transfer to the new owner?

What’s more, a Scottish source tells me that the value of the warehouse was increased because as part of the lease the Scottish government agreed to undertake improvements costing £2.75m.

Bizarrely, this work meant that the warehouse could not be used at the height of the pandemic – which was the reason for taking out the lease in the first place!

Click to open enlarged in separate tab

One reason I find this story from Scotland so interesting is that it seems to presage what we’ve seen in Wales. More on this later.

Another reason is that those involved in the warehouse deal are now in Wales posing as planet savers, but they are first and foremost property speculators.

Never, ever, forget that.

WHO FILLED THEIR BOOTS, AND HOW?

Windward Titan was started with a single £1 share and there was never any money in the kitty, just the value of the warehouse. The only cash money appeared at the end, from the parent company, to settle up with the liquidators.

So to follow the money we need to turn to Grayling Capital LLP.

A LLP is a Limited Liability Partnership, popular with solicitors, accountants, and other professionals working as a partnership. When used in a more commercial context it can disguise ‘opaque’ dealings.

What you see below is from the final page of Windward Titan’s financial statement for year ending 31.03.2020.

Click to open enlarged in separate tab

It tells that the Titan warehouse was bought by Windward Titan with a loan from parent company Windward Enterprises Ltd. And it also confirms that everything is ultimately owned by Windward Global Ltd and Oliver James Millican.

To return to Labour insider David James Taylor. Who’d been Spad to Peter Hain MP and Welsh first ministers Rhodri Morgan and Carwyn Jones. More specifically, to the money given to his company Moblake Ltd (originally Moblake Wind Ventures Ltd).

From Moblake Ltd financial statement for y/e 31.03.2021. Click to open enlarged in separate tab

There were two possible sources for the ‘interest free loan’ of £605,872 Taylor made to himself. Both linked to Bute.

One was his shares in Windward Energy Ltd (formerly Windward Enterprises Ltd), but he held these shares until July 22, 2022. Whereas the mysterious £600,000+ had been and gone from Moblake at least a year earlier.

The answer would seem to be Taylor being a Member of Grayling Capital LLP. He ceased being a Member September 13, 2021, which ties in with the sale of the Titan warehouse in March of that year to the Lothian Pension Fund.

The question then becomes . . . why was Taylor, living either in Wales or London, involved with a Scottish company doing business in Scotland?

I think the answer may lie in the timing. Taylor joined Grayling Capital in September 2019, a year after the Bute boys seem to have found their way to Wales. They hired him to open doors in Corruption Bay and elsewhere.

So let’s look at what happened. And how I think it was done.

BUTE COMES TO WALES

Now we’re going to look at how a clearly Scottish company manoeuvred itself into such a dominant position in Wales. But it could only have been done with the help of the Labour party.

On this blog, I first mentioned Bute Energy in November 2018, in Corruption in the wind?. But only tangentially. For I was really writing about a guy named Radford, who wanted to build three wind farms; two in Powys, the other in Pembrokeshire.

One of his projects, Hendy, near Llandrindod, was turned down by a planning inspector, but that decision was surprisingly overturned by Lesley Griffiths, who was at the time Energy, Planning and Rural Affairs Secretary in Corruption Bay.

To do that was strange enough. But it stank even more when it became clear that Griffiths did it just in time for the developer to erect a single turbine (never connected to the grid), in order to meet the Ofgem payment deadline on January 31, 2019.

Those involved even seemed to know about Griffiths’ decision in advance, to the extent of jumping the gun.

Here’s a recent update on Hendy from the CPRW.

Why did Lesley Griffiths give permission for a wind farm that was never going to be built? The answer is a 10-letter word beginning with ‘c’.

As I say, the guy involved was Steven John Radford, of Hendy Wind Farm Ltd. But he was only fronting for a big company called U+I.

The reason Bute got a mention was, and here I quote from that November 2018 piece:

In September Radford branched out again with Bute Energy Ltd, joining six days after its two founding directors.

Those two directors were Millican and Steele, who we’ve already met. Radford may have been their introduction to Wales. (Bute Energy Ltd was re-named RSCO 3750 Ltd in March 2020.)

Or maybe the key lies with whoever introduced them to each other. So let’s fit a few things into that time-frame.

Radford was already planning wind farms, and lobbying for him was Invicta Public Affairs of Newcastle. Invicta’s representative in Wales since October 2016 had been Labour Spad Anna McMorrin, now MP for Cardiff North.

The Bute Boys linked up with Radford, and Taylor might have taken over McMorrin’s role providing a link between developers and Labour party. A different Scottish source told me last year that Taylor has now been replaced by Sophie Howe, the former Future Generations Commissioner.

Here’s a table I drew up of some essential facts, with links. You might find it useful.

Among those who get a mention in the table are the four below. Vaughan is a former Labour MEP, and Uden is the husband of Labour MS Jenny Rathbone. For some reason you won’t find the panel below on the Bute website any longer.

Click to open enlarged in separate tab

And even though McMorrin never seemed to work for Bute before becoming an MP in June 2017, she nevertheless declared £3,000 received from Bute earlier this year.

Throughout this story I’ve been struck by how often Newcastle crops up. It’s the city where Parabola began life. ‘Bute’ companies have used Newcastle addresses. And Invicta, the lobbyist we encountered with Anna McMorrin, is also based there.

And there are a number of Parabola outfits using a Newcastle address.

Click to open enlarged in separate tab

But Invicta also has an office in Edinburgh, the city where we usually find Millican Jr, Steele, and George.

Something else worth remembering is that Lesley Griffiths and David Taylor know each other. They’re from the same area, here’s a photo of Taylor canvassing for Griffiths. Both had been involved in the Carl Sargeant tragedy.

What we looked at earlier in Scotland seems to be repeated to some degree with what we’ve seen in Wales.

On the one hand, we saw Millican and his mates do a lucrative deal with the Scottish Government. Here, Bute Energy has been adopted by the so-called ‘Welsh Government’.

In Scotland, a local government pension fund stepped in to buy Titan Warehouse for perhaps double what it was worth. Here there’s been a big investment from the Wales Pension Partnership. With some councils unhappy with the decision.

Is this all coincidence?

WHAT NEXT?

Something worth remembering about Bute is that for all the companies, and all the wind farm projects, Bute has never erected a single bloody turbine. Perhaps because those involved are property speculators.

Which is why some people – and I’ve been one of them – think that Bute is not here to actually build wind farms. Maybe they’re just here to get exclusivity agreements with landowners and planning permissions.

Then sell up, making massive profits, without having done much other than smooch Labour politicians and sponsor Cwmscwt Annual Ferret Show.

But because there are now so many wind farm projects planned in Wales it can only be a matter of time before we see developers fighting turf wars. Maybe it’s started.

Take the case of Foel Fach and Orddu, just north of Bala.

Foel Fach Wind Farm Ltd, the company, was set up May 31, 2022. Head honcho is David Charles Murray. Orddu is a Bute project, the company formed a year later.

Murray got a mention on this blog back in October 2020 in, ‘Poor Wales: magnet for property spivs, fraudsters, and enviroshysters‘. I mentioned him due to his connection with the project between Port Talbot and Maesteg known as Y Bryn.

But Murray has been involved with many wind farm projects, and his main vehicle seems to be Coriolis Energy Ltd. It has a very basic website, and here’s the Companies House filing. Coriolis Energy is owned by Coriolis Energy Developments LLP. But again, that’s David Charles Murray.

Y Bryn Wind Farm Ltd shares a Berkshire address with Coriolis.

When we look at who’s behind Foel Fach, we see again Coriolis Energy Developments LLP and David Charles Murray.

Click to open enlarged in separate tab

The map on the left shows the relative positions of the Foel Fach and Orddu summits. The map on the right gives the outline of the Foel Fach wind farm.

But this is where it gets a bit messy.

For a start, I can’t find a map for Orddu, so where will it end and Foel Fach begin? Are they contiguous? Do they overlap? Or are they two names for what will be one big site?

We’ve always been told there must be a ‘buffer zone’ between wind farms and National Parks. But Foel Fach runs right up to the Eryri boundary on the B4501. Who allowed this?

Incidentally, the ‘lake’ to the left on that map is the Tryweryn reservoir covering Capel Celyn. And Foel Fach wind farm will also overlook Frongoch, where Irish prisoners were interned after 1916.

And finally . . . I believe David Charles Murray of Coriolis is Scottish. Many of his other projects have been in Scotland. So are he and the Bute boys acquainted?

Wind farm developments in Wales are out of control, it’s a free-for-all. Planning permission guaranteed; no matter how ugly, inappropriate, or damaging the project. Wales already has too many wind farms (and too many pylons), we don’t need any more.

And because it appears we’re in this mess due to questionable links between wind farm developers and the Labour party, a thorough and impartial examination of such links is surely the best way to proceed.

Being the transparent and co-operative organisation it is, and with nothing to hide, I’m sure the Labour party will agree.

♦ 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.

Click to open enlarged in separate tab

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.

Click to open enlarged in separate tab

Stuart George was also a Parabola employee.

Click to open enlarged in separate tab

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.

Click to open enlarged in separate tab

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.

Click to open enlarged in separate tab

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

Click to open enlarged in separate tab

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.

Click to open enlarged in separate tab

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.

Click to open enlarged in separate tab

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

Bute Energy Selling Wales For Danegeld?

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.

Click to open enlarged in separate tab

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.

Click to open enlarged in separate tab

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.)

Click to open enlarged in separate tab

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.

Click to open enlarged in separate tab

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.

Click to open enlarged in separate tab

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 ♦

© Royston Jones 2022


Corruption in the wind 2, Labour snouts in the trough

PLEASE APPRECIATE THAT I GET SENT MORE INFORMATION AND LEADS THAN I CAN USE. I TRY TO RESPOND TO EVERYONE WHO CONTACTS ME BUT I CANNOT POSSIBLY USE EVERY BIT OF INFORMATION I’M SENT. DIOLCH YN FAWR

In November 2018 I published Corruption in the Wind? I suggest you read it to get the background to what’s written here. You might notice that for this report I’ve dropped the question mark used in the original piece.

BRIEF BACKGROUND

That earlier piece (plus updates) was about Hendy wind farm south of the hamlet of Llandegley, which is a few miles east of Llandrindod, and just off the A44.

The planning application was rejected by the council in May 2017. There was an appeal by the developers, and the council’s decision was upheld by a Planning Inspector in May 2018.

That seemed to be the end of the matter.

But, then, in October 2018, Lesley Griffiths, the ‘Welsh Government’s Minister for Environment, Energy and Rural Affairs, suddenly and unexpectedly overturned that decision.

This led to developers cutting all sorts of corners in their rush to get one turbine erected before the end of January 2019, in order to beat OFGEM’s accreditation deadline for onshore wind subsidy hand-outs.

THE STORY SO FAR . . .

As Julie Andrews trilled in The Sound of Music – a movie I manage to avoid every Christmas! – “Let’s start at the very beginning”.

The planning application for Hendy wind farm was received by Powys County Council in July 2014. From Hendy Wind Farm Ltd through agent Cunnane Town Planning of Manchester. Among the directors of Hendy Wind Farm we find Steven John Radford.

To guarantee himself another slice of the Hendy pie Radford had set up two weeks earlier Njord Energy Ltd, with his wife as the other director. They describe themselves as ‘environmental consultants’.

Here’s the plan that accompanied the planning application. The A44, heading roughly north west to Crossgates, forms the eastern boundary.

Click to enlarge

In the early days of this project we were also looking at the involvement of U + I Group PLC, which seemed to be the controlling force behind everything.

As I wrote in ‘Corruption in the wind?’ “A curious beast, U and I. It was known as Development Securities plc until 5 November 2015. And on the very same day a previous incarnation of the U + I Group Ltd changed its name to Development Securities Ltd.”

Development Securities (No 71) Ltd was the original name of Hendy Wind Farm Ltd until April 2012; so you have to wonder what it had been doing in the 27 months between the name change and submitting the planning application.

In fact, companies changing or exchanging names is quite common among those we’re dealing with. Why do they do it? Well, your guess is as good as mine. Though confusing the curious must be one possibility.

Here’s a table I’ve put together in which I try to show, in chronological order, when various individuals and companies became involved. You will probably find it easier to use the pdf version with the company names serving as hyperlinks.

My attempt to set out the companies and the individuals involved with the Hendy wind farm. Click to enlarge

In addition to the web of interlinked companies I mention here, also involved are companies under the Parabola banner, also based at 20 Primrose Street, London. But there are so many others . . . It really is a maze.

Those I mentioned in the original piece seem to have been joined recently by a new set of players. As if one team has been responsible for getting planning permission and now, that achieved, another team will take over.

That is certainly what is suggested on page 6 of the Annual Report for the U + I Group. Where we see that Hendy Wind Farm is lined up for sale. You’ll also see Rhoscrowther wind farm mentioned. Which is strange.

Originally there were three wind farms planned by U + I, each with its own company. (All covered in ‘Corruption in the wind?’) Bryn Blaen, near Llangurig, went ahead relatively straightforwardly, and has now been sold. Hendy you’re reading about here, and then there was Rhoscrowther.

Rhoscrowther wind farm was planned for the Milford Haven Waterway. The county council vetoed it, a planning inspector agreed, ‘Welsh Government’ accepted that decision, and it even went as far as a High Court hearing when the investors wouldn’t accept those decisions.

My understanding is that the Rhoscrowther project is dead. So why does it appear as an ongoing project in U + I’s annual report? Which appears to suggest that the application will be submitted again. But why expect a different outcome? Do those involved know something we don’t?

Image: U + I Group PLC. Click to enlarge

Quite obviously, U + I cannot maximise its profit from Hendy until the sale is completed, and for that to happen there are still a couple of hurdles to overcome. With niceties to be observed.

A recent letter from Steven Radford to the County Council asks for some irksome conditions to be lifted. Specifically, Condition 38 of the planning permission, which relates to bats and birds. The council of course agreed, with worrying alacrity.

A remarkable document this. Tantamount to a wind farm developer admitting that wind turbines kill birds and bats, something that’s usually denied.

ENTER ANEURIN GLYNDŴR, IN MOOD POSITIF

For those of you for whom Aneurin Glyndŵr means nothing, let me explain . . .

Back in the early part of 2009 a bright lad in the Labour Party launched a website attacking his party’s political opponents. The site’s name cleverly linking the names of Labour icon Aneurin Bevan and national hero Owain Glyndŵr. As background music it even employed Tom Jones’s Delilah.

How we laughed!

But it all came unstuck and caused the bruvvers considerable embarrassment. First Minister Rhodri Morgan was particularly irked because Plaid Cymru leader Ieuan Wyn Jones had been portrayed as a clown. In normal circumstances this wouldn’t have mattered, but Labour was in coalition with Plaid Cymru at the time.

The website itself has long disappeared into the ether, but this old blog will give you a flavour. Though the Aneurin Glyndŵr Twitter account lives on. As does another account using the name that seems to have no connection with Wales.

Now the bright young thing behind Aneurin Glyndŵr was David James Taylor. He’d first came to public attention in 2004 with another website, this one attacking Labour rebel Clare Short. Remember her?

In the first article I linked to you’ll see mention of Peter Hain and Alun Davies. Taylor had worked as an advisor to Hain when that Son of Africa was Secretary of State for Wales. While I’m not aware of any connection between Davies and Taylor, Anna McMorrin, Davies’s partner, had been a lobbyist working for those behind Hendy and other wind farms.

She’s mentioned in my spreadsheet thingy in April 2017.

In 2016 Taylor stood for the post of North Wales Police and Crime Commissioner, losing out in the second round to the Plaid Cymru candidate Arfon Jones. These PCC elections were held at the same time as the elections for the Welsh Assembly and here’s a picture of Taylor out canvassing for . . . well, bless me! – he’s canvassing for Lesley Griffiths, who shocked us all by giving Hendy Wind Farm Ltd planning permission in October 2018.

From the 2016 Assembly election campaign. Click to enlarge

So maybe it’s no surprise to learn that Taylor now has his snout in the wind farm trough. Where he acts as path-smoother for developers.

Those involved in the campaign to protect this beautiful area tell me that Taylor is now handling ‘community liaison’ for the developers . . . but there’s little or no liaising. Yet somehow reports are still submitted!

Taylor is also said to be busy trying to revive the Rhoscrowther project. Who would he need to influence to achieve that?

Whatever he’s doing, the network of interlinked and shape-shifting companies he’s involved with seem to value his contribution enough to have let him join the gang at Grayling Capital LLP.

Taylor has also been slipped a few shares at Windward Enterprises Ltd, some in his own name and some in the name of his company, Moblake Associates Ltd.

I’m sure his new friends have high hopes for David James Taylor, because they plan more wind farms and other developments in Wales.

Another Labour insider now involved is Daran Hill of lobbyists Positif.

This company is acting on behalf of Grayling Capital – where David Taylor is a (non-designated) member – and Bute Energy Ltd, a company set up earlier this year and owned by Windward Enterprises Ltd, the company in which Taylor has shares.

To give you a flavour of the interconnectedness I’ve referred to, Windward Enterprises is owned by Windward Global Ltd, and all shares in Windward Global are held – at the time of writing! – by Oliver James Millican.

Millican is one of the new boys on the block. He is invariably accompanied by Lawson Douglas Steele and Stuart Allan George. They either use the Primrose Street address in London, or the New Town address of the Edinburgh Solicitors’ Property Centre Ltd.

Office of ESPC, 90A George Street, Edinburgh. Click to enlarge

I suggest that this Scottish involvement may have brought with it a better understanding of devolution, and an appreciation of the need for contacts with influence at the highest local level.

Which would of course explain the involvement of McMorrin, Taylor and Hill.

I contacted Daran Hill by Twitter DM yesterday, hoping he’d contribute, but he seemed a bit, well, guarded. And when I asked if he had contact details for David Taylor, his reply surprised me.

Click to enlarge

Why would Taylor need a lobbying firm?

Though Taylor and Hill have known each other for a while. Taylor had a company called Leckwith Ltd, which he’d formed in November 2011. On 1 January 2018 Taylor left and Hill arrived. The company was dissolved 5 February 2019.

A company not much more than a shell, so I can’t understand why Taylor didn’t just go for voluntary liquidation. Does it look better on his record that somebody took it over?

Another, rather bizarre connection, between Taylor, Hill and Lesley Griffiths is the late Carl Sargeant, who committed suicide in November 2017, shortly after being sacked as Secretary for Communities and Children.

Hill claimed to have been Sargeant’s best friend at the time of his death. Taylor was also a close friend. Both are mentioned in this report from the inquest. Lesley Griffiths was on the train to Cardiff with Sargeant to attend the meeting with First Minister Carwyn Jones at which he was sacked.

All seemed to take the anti-Carwyn Jones line following Sargeant’s death. Though Griffiths was kept on, and even took over Sargeant’s post, which might be interpreted as accepting a proffered olive branch.

Then, as we saw in a picture above, Taylor was canvassing for Griffiths in 2016. And as far back as 2012 Hill was sticking up for a beleaguered Lesley Griffiths.

They do seem to help each other out.

PULLING IT ALL TOGETHER

Lesley Griffiths over-ruled the planning inspector in October 2018 even though nothing had changed in the five months since the planning inspector delivered his judgement – which Griffiths had accepted.

So why did Lesley Griffiths do it?

Maybe the investors hoping to make millions from Hendy wind farm lobbied friends in London. This resulted in Griffiths being ‘leaned on’.

Then again, maybe the lobbying, and the ‘leaning’, was done in Wales.

Wherever it was done, the developers knew what was going to happen, and this explains why they were on site three days before Lesley Griffiths wrote to the developers’ solicitor to tell him she’d decided to over-rule the planning inspector.

Anyone arguing that I’m wrong about the lobbying should come up with a plausible explanation for Lesley Griffiths’ intervention, and for the prescient surveyors.

She certainly didn’t wake suddenly one night and shout, “Gary, love, I’ve had a vision, and a voice said to me . . . “.

No, she was wide awake, and the voices she heard were more familiar to her.

Surveyors on site at Hendy wind farm 3 days before Lesley Griffiths wrote to developers’ solicitor telling him that she was overturning the planning inspector’s decision. Click to enlarge

Hendy wind farm isn’t the end of the story. It’s not the end of anything. It could even mark the start of Wales sinking to new lows of corruption, that will see companies from outside the country use local influencers to get their way and screw the rest of us.

Through lobbyists and others that are unregulated and unregistered. The fault of a cronyist Labour Party; as this brilliant essay by Matt Smith puts it:

“The Welsh Labour establishment recruits networked left-wing careerists. Of their 29 AMs, 24% worked on the party payroll (as Labour advisers or staffers), 21% worked for third sector organisations, 21% worked in the media and 14% worked for trade unions or a union-affiliated law firm before being selected. Only two fifths of Welsh Labour AMs did not work in professional politics or associated sectors.”

Which is music to the ears of those Taylor and Hill now work for, because the new boys from Yr Hen Ogledd, have further plans for Wales. They formed three new companies as recently as 29/30 April.

In addition, talks are underway with landowners across the A44 from the Hendy site. Which means that the Three Amigos and their Welsh recruits could do very well for themselves in the years ahead.

But what about the rest of us?

In ‘Energy Wales: A Low Carbon Transition‘ we are told about the ‘community benefits’ of renewable energy, and the ‘community-owned’ projects – but where are they?

Take a look at the companies and individuals involved at Hendy, Pen y Cymoedd and other wind farms. The only Welsh beneficiaries seem to be Labour Party insiders like Anna McMorrin, David Taylor, and Daran Hill. Possibly Lesley Griffiths.

And of course, the landowners. For wind turbines are to energy generation what caravan parks are to tourism – they provide no jobs, they put little money into the local economy, and the only real beneficiaries are the landowners who have the turbines or caravans on their land.

Which exposes Labour’s position, yet again, as vacuous, virtue-signalling bollocks.

THE BIT AT THE END WHERE JAC GOES OFF ON ONE

Certain persons in London long ago decided that Wales would take an unfair and disproportionate number of wind turbines in order to protect the vistas of the New Jerusalem.

Taffy doffed his cap, shuffled his feet, and mumbled, “Oh! tidy, mun.” For this diktat could be repackaged as saving the planet. With more sugar added to the pill by promising jobs and community benefits, with free rides for children and pensioners – as outlined in ‘Energy Wales: A Low Carbon Transition’.

I suggest that because covering Wales with wind turbines was a gift for a party with no economic strategy beyond throwing money at shysters while integrating eastern parts of the country with adjoining areas of England and encouraging tourism to ethnically cleanse areas further west.

All that was needed then to implement the cunning plan was persuadable landowners and complaisant councillors. Wales has never lacked for either.

The first turbine at Hendy wind farm, with Llandegley Rocks forming the horizon. Click to enlarge

The hypocrisy and deceit is further exposed by wind turbines creating no jobs beyond the construction stage, and the ‘community benefits’ being restricted to hand-outs from the foreign companies making the profits. (With Labour Party loyalists often deciding who gets these crumbs.)

Which leads me to conclude that the ‘progressive’ consensus in Corruption Bay has done more for the City of London than for the city of Swansea . . . and most other parts of Wales. It takes the likes of Johnson, Cummings and Hancock to make them look remotely competent.

Time is up for the Labour Party and its little helpers. Make sure you give them the message in next year’s election. Wales deserves better.

But even before then, Lesley Griffiths’ position is now untenable.

♦ end ♦

Finally, thanks to the wonderful people in Powys who are fighting these bird slicing, bat dicing, flood causing monsters that despoil our environment so as to protect someone else’s and allow charlatan politicos and their cronies to enjoy their parasitic existence.

I’m sorry I wasn’t able to use everything you sent me. Special thanks, and apologies, to ‘A’ for the photos sent late last night. I’m afraid I’d already finished the article.