Friday, May 24, 2013
By Steve Mistler email@example.com
The 30-second spot is part of a reported $600,000 ad buy from the National Republican Senatorial Committee to support the GOP's Senate candidate, Charlie Summers.
The ad, titled "Caught," builds off recent statements by Republicans who say King benefited from a federal loan guarantee program that invested billions of dollars in wind power projects.
The ad says King, a former partner in Independence Wind, used his "political connections" to win a taxpayer-backed $102 million federal loan guarantee for the 22-turbine, 50-megawatt Record Hill project last year.
The ad goes on to say that the loan program came under scrutiny by the House Oversight Committee, an investigative panel on which Republicans hold the majority of seats.
The King campaign fired back at the ad Thursday, partly by saying King sold his interest in the Record Hill project in January 2011, before the project received federal financing.
The ad also criticizes Dill for her "liberal policies," saying she supports President Obama's "tax increases" and stimulus spending.
Dill criticized the ad in an email Wednesday, even before the commercial aired. "Let's tell these charlatans that they cannot 'purchase' the U.S. Senate election in Maine," she said.
The two-pronged attack by Republicans is an apparent attempt to lump King and Dill as the two liberal candidates in the race.
The new ad's attack on King's involvement in the wind power industry was not unexpected. Republicans have taken aim at King's career in wind power since he entered the race.
Shortly after announcing his candidacy in March, King transferred his stake in Independence Wind to his business partner, Rob Gardiner, former president of the Maine Public Broadcasting Network.
King said he wanted to avoid any conflict of interest while discussing federal energy policy. Republicans said King sold his interest because of the Oversight Committee investigation, which was sparked by the bankruptcy of a federally subsidized solar company named Solyndra.
The committee's staff issued a report in March questioning whether Record Hill and other projects in the loan guarantee program received federal help they did not need or deserve. The committee review continues, a spokesman said.
Republicans said King's sale of his wind power interests two days before the report was issued suggested he wanted to distance himself from the project.
King has said that the release of the report was a coincidence and that he had decided to sell his stake before he knew anything about the congressional investigation.
King has denied using influence to win financing for the project. He also said taxpayers and consumers are benefiting from the electricity being generated by Record Hill and the owners are repaying the loan as promised.
On Thursday, King spokeswoman Crystal Canney said King actually sold his stake in the Record Hill project in January 2011. His payment was contingent on the successful completion of the project, which started generating power this spring.
King remained a partner in Independence Wind, which is developing a second wind farm project, until this spring, when he decided to run for the Senate.
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