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AP Exclusive: BLM rejects Goldman Sachs solar applications in Nevada after years of inactivity
SAN FRANCISCO (AP) ' Federal land managers are rejecting a Goldman Sachs-owned company's applications to develop solar projects on public lands in the sun-drenched Nevada desert ' years after the subsidiary filed more solar land claims than anyone else.
Goldman's Cogentrix Solar Services, LLC held exclusive rights to develop solar on nearly as much federal land in Nevada as all other companies combined ' even though the firm never filed development plans for the sites.
An Associated Press investigation last year found that the U.S. Bureau of Land Management's first-come, first-served leasing system allowed land speculators to squat on land without any real plans to develop it.
BLM Nevada's Gregory Helseth said after filing its applications years ago, Cogentrix never showed a desire to move forward toward actually building a solar power plant.