You remember the Ralls wind farm case, yes? The deal involving Chinese investors, backed by Chinese firm Sany, and several U.S. wind farms, one of which happened to be near a navy base. Because of national security concerns, the Committee on Foreign Investment in the U.S. (CFIUS) forced Ralls to divest itself of certain assets; […]
The president scotched a wind farm acquisition by Chinese investors. Hard to see any useful lessons to be learned here.
It would be nice if this lawsuit would shed some light on the U.S. national security review process, but I wouldn’t hold my breath.