The deal between GreatPoint Energy and Wanxiang is notable because Hunter’s business, Rosemont Seneca Partners, also invested in the Fisker car company that was bought by Wanxiang after Fisker when bankrupt in 2013.
It should be noted that before Fisker bankrupt in 2013 and later sold in 2016 to Wanxiang, Joe Biden claimed to have brokered a massive deal between Fisker Automotives and an automotive plant with a taxpayer-funded loan. “In 2016, China purchased the electric vehicle company Fisker Automotive, after U.S. taxpayers had spent $193 million funding the company’s electric vehicle research,” Breitbart News reported. “Fisker Automotive was acquired at a bankruptcy auction by the China-based Wanxiang Group Corporation.”