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CFIUS says it lacks jurisdiction in case involving Fufeng in N. Dakota

CFIUS says it lacks jurisdiction in case involving Fufeng in N. Dakota

Okay, it’s official. Despite the urging — and now criticism — of Congressional leaders, CFIUS has decided that Fufeng USA’s purchase of more than 300 acres of land in Grand Forks, North Dakota, is not a covered transaction. Details, reactions, and a (rare) copy of the CFIUS correspondence is inside.

Encouraging sign? CFIUS clears Chinese wind farm deal

Encouraging sign? CFIUS clears Chinese wind farm deal

CFIUS recently cleared a greenfield wind farm in Texas, which is to be built by a subsidiary of a Shanghai-listed energy company. The deal would have been subject to the real estate provisions of FIRRMA, as it’s located near Laughlin Air Force Base. Details, insights, source materials, and contact information is inside.

Are real estate transactions in CFIUS sights?

The U.S. Treasury Department may authorize CFIUS to review real estate transactions by foreign persons when properties are in close proximity to military installations or “sensitive” U.S. government property. Details inside.