Chapter 436: Solution!
"Governor Davis, we're meeting again. ”
"Mr. Yang, it's not easy to see you now!"
After a gentle hug between the two, Michael Davis smiled.
"Hehe, there are a lot of things to deal with in the United States in the past two days. Yang Jie said with a smile.
Michael Davis also smiled, he knew that the young Chinese man in front of him was doing a lot of business in the United States, and he knew a lot of powerful people, so he didn't ask questions on this topic.
"Come, let me introduce you, this is Lieutenant Governor Kevin Hannon!" Michael Davis told Yang Jie about the rest of the state capital.
"Hello, Mr. Hannon. ”
Yang Jie smiled and stretched out his right hand towards the pot-bellied middle-aged man in front of him.
"I have admired Mr. Yang's name for a long time, and I hope to become friends with you!" Kevin Hannon said enthusiastically.
"It's also my pleasure. ”
"This is Mr. Balken Kelly, Speaker of the California House of Representatives!"
Balken Kelly is a tall, bald middle-aged man in a suit.
"Hello, Mr. Kelly!"
"Mr. Yang is younger than expected. ”
"Thank you! I don't want you to misinterpret it because of my youth. Yang Jie shrugged his shoulders and said in a humorous tone.
"Hehe, we are very jealous of Mr. Yang's youth!"
Bowken Kelly laughed, and everyone laughed.
This is Mr. Jenapel White, Secretary of the California Department of Commerce. Governor Davis then introduced the rest of the officials.
The functional part of the federal government in the United States also exists in the state capital, and there are also the Senate and the House of Representatives, as well as the part in charge of commerce, taxation, and the police, and there will be conflicts and confrontations between the two.
Michael Davis also introduced Yang Jie to the president of the Senate, the state auditor, the secretary general of the state government, the chief judge and other senior officials of the state capital of California.
Yang Jie greeted Andy Marsch one by one, and after a cold greeting, everyone sat down under the greeting of Michael Davis.
"Mr. Yang, Mr. Marsh, you have a clear goal for this internal meeting of the state capital and the state legislature to be held here today. Now, you would like to state to you your original intention of acquiring Pacific Power and Natural Gas Company, as well as Southern California Edison Electric Company, and your specific development plans after the successful acquisition. Michael Davis said.
Yang Jie nodded and glanced at Andy Marsch next to him, who took out the documents prepared in advance from his briefcase.
"Gentlemen and ladies, I know a lot of people will question our Prager Energy company's goal of acquiring Pacific and Southern California. With no end in sight to the energy crisis, buying two utilities that are on the verge of collapse and not making a lot of money is not the right thing for smart investors to do. This means investing at least $500 million a month to purchase high-priced electricity for consumers. Moreover, 40% of the aging lines of the two companies will require at least $3 billion to reform and upgrade. In addition, it is not easy to bring together two companies with different corporate cultures. ”
Andy Marsch didn't open the papers, but talked eloquently.
"Mr. Yang had talked to me about this before, and he thought that these hardships were temporary. We also came up with a plan to solve the California energy crisis in a short period of time, and I believe we can do it within six months. To this end, Mr. Yang has prepared $10 billion for this program, which will greatly reduce the pressure on the state and state legislatures and create more jobs in California without the need to use the state's reserve funds. ”
As soon as these words came out, these California officials were all shocked and turned their heads one after another.
"You never seem to have explained why you bought Pacific and Southern California, and what solution do you have?" asked California Secretary of Revenue William Tonick.
"We at Pugra Energy have been developing fuel cell technology and have launched fuel cell products, and this acquisition of the two companies is also preparing to use fuel cell technology to replace traditional thermal power plants and natural gas power plants, so as to provide clean new energy and stable electricity prices for California, which is the goal of our company's acquisition. ”
"In addition, in order to understand the current power crisis in California, Mr. Yang also hopes that our Prager Energy Company can get a place as an independent power producer, and we can sell it to the power exchange at a very fair on-grid wholesale price, and solve most of the power outages in California within four months to six months, so as to avoid the bankruptcy of Pacific Natural Gas Electric Company and Southern California Edison Electric Company due to the purchase of excessive electricity prices. ”
"Mr. Andy Marsch, Mr. Yang Jie, how can you do this?" asked California Auditor Andrew Lewis.
"We have done a survey, and the real power gap in California is 6,000 megawatts, and we at Prager Energy can supply 3,000 megawatts of fuel cell power plants in half a year, which is an investment of no less than $3 billion according to the cost of fuel cells in our company. ”
"In the next time, we will complete the investment and construction of the remaining 2,000 megawatts of fuel cell power plants, and we will ensure that our company's on-grid wholesale prices will not be higher than the prices before the reform of the power system in California, and when the installed capacity of our fuel cell power plants continues to expand, we will also reduce the electricity price so that consumers in California can enjoy lower electricity prices." ”
"Pacific Natural Gas and Southern California Power have combined assets of nearly $70 billion, and even if they are heavily indebted, it is not easy to acquire, especially in terms of funding. If, as you said before, there will be money invested in operating in debt in the midst of the energy crisis, and there will be reforms in the aging lines of the two companies, then I ask you, where will the money come from? $3 billion is not enough. ”
California Senate Speaker Jeffrey Pearce said, "As far as I know, Prager Energy simply doesn't have the financial power right now. ”
"In terms of funding, I have made good preparations before acquiring the two companies. First of all, for the acquisition of the two companies, Citigroup, Bank of America, Goldman Sachs, and Allred Group will provide about $10 billion in financing, and in addition to $8 billion for the acquisition, the remaining $2 billion will be used as maintenance funds during the energy crisis. As for the reform of the aging line, it will be borne by the revenue of the new company after the merger of the two companies. In addition, I can also assure you that I will not take a penny out of my books for at least three years after the acquisition of the two businesses. All of the company's operating profits and earnings will be used to fund improvements to California's public utilities after the loan is repaid, and I very much welcome Governor Davis and the state and state legislature to oversee this!"
Yang Jie's eyes slowly swept over everyone's faces, and he continued: "In addition, you don't have to worry about the investment of Prager Energy's fuel cell power station, my music online and bestbuy network companies listed in the United States are very profitable, and there are two companies to be listed in the second half of next year, and the funds are very sufficient." ”
"My God......"
Yang Jie's words were like a heavy bomb that set off a monstrous wave in the conference room.
Soon, he saw Qi Shu's arms raised in the audience, and too many people wanted to confirm the authenticity of the news.
"Mr. Yang, is what you just said true? If so, how did you earn such a huge amount of money?"
“……”
Before Yang Jie could reply, someone couldn't wait to ask.
"As for the question of authenticity, I think it's very easy to confirm, because every quarter I go public in the United States, I report to my clients, and you can ask Goldman Sachs Group Companies, Bank of America and other companies to verify. As for earning so much money, our company is a high-tech company, and it is very normal to make enough rich profits through trick products. ”
Yang Jie said with a smile: "In addition, if you want to buy the internal stocks of our listed companies in the second half of next year, it is very simple, give me a call when the time comes, and then prepare $100,000 in cash and a bank account is enough." ”
Hearing Yang Jie's words, the eyes of these California state officials present were all shining-
For the most part, people are more interested in the question of how to enrich their purse.
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