SAWS: Banks Not Cooperating On Renegotiating Vista Ridge Loan

April 18, 2016 — Texas Public Radio reported on the latest news in the dealings with Garney Construction. A $120 million loan to Abengoa Vista Ridge, meant for purchasing pipes, went missing. Now, as Garney prepares to take over controlling interest in the project, the team is approaching the same banks for another loan. SAWS CEO Robert Puente says the banks don’t appear interested in renegotiating the missing $120 million. Read the full story here.

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