Giuliani Invests In Biodiesel..in Iow..Spain?
ShareIt's true. The ex-NYC mayor has had a hankering for Spain as of late, making several trips to the country in '04 and '05.
Today, Giuliani's Sage Capital Risk Fund announced it will invest tens of millions of Euros to construct two biodiesel plants in Madrid and Burgos.
According to a Spanish language news story, "The annual short-term fuel production goal is 150,000 tons, and the mid-term objective is 500,000 tons."
The Fund will also erect what's billed as the country's first solar plate factory in Aranda de Duero.
You can say one of several things: Giuliani is creating jobs. (For Spaniards.)
And he's investing in renewable energy. (In Spain, not Iowa.)
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