It’s not something that the government does often, or lightly, but it has done it on occasion. In 1990, President George Herbert Walker Bush blocked the sale of a company to a Chinese firm over national security concerns. Now, the situation is repeating itself 22 years later under the supervision of President Barack Obama. The Committee on Foreign Investments in the United States, known as CFIUS, is the company that has the power to stop the sale of American assets to foriegn interests, and they have struck. The Obama administration overturned the sale of an Oregon wind farm to Chinese-owned Ralls Corporation, citing security concerns.
The security concern in question? The wind farm is located near the Naval Weapons Systems Training Facility in Boardman, Oregon. The government tests a variety of weapons systems there, including unmanned drone aircraft and the EA-18G Growler, an airborne radar jamming aircraft. The government believes that the wind farm is too close and could oversee some of the government’s top-secret testing.
Who would have thought there would be such a ruckus over a wind farm?
Tags: Obama, Obama blocks wind farm sale, oregon wind farm sale blocked, government blocks wind farm sale to foreign company, government blocks wind farm sale to chinese firm, Committee on Foreign Investments in the United States, CFIUS, Ralls Corp, obama blocks ralls corp wind farm purchase, Naval Weapons Systems Training Facility, Boardman, Oregon, ea-18g growler
