State Republican leaders have begun trying to make the federal government’s move to fine a Durham company $722 million over its energy-efficiency trades a campaign issue against former Gov. Roy Cooper’s bid for a U.S. Senate seat. N.C. GOP spokesman Matt Mercer issued a statement on April 21 that asks, “What did Roy Cooper know […]
Durham entrepreneur Ben Abram’s biggest campaign donations are to his wife, state Sen. Sophia Chitlik, D-Durham, but she’s not the not the only candidate for whom he’s pulled out his wallet. State Board of Elections records show that the co-founder of Modern Energy and American Efficient has given money to an assortment of Democrats over […]
Federal regulators have fined a Durham-based energy-efficiency trader $722 million, saying it’s behind “one of the largest and most brazen frauds” they’ve ever seen. The Federal Energy Regulatory Commission also ordered American Efficient and its corporate parents and siblings to return $409.8 million, plus interest, to the PJM Interconnection and another power-grid operator. Released on […]
