Report: Non-Solyndra energy loans could cost $3B

 

Published: February 10, 2012

WASHINGTON (AP) — The government could lose nearly $3 billion on Energy Department loans for green energy programs — far less than the $10 billion Congress set aside for the high-risk program, according to an independent review.

The White House ordered the review after criticism of a $528 million loan to Solyndra Inc., a California solar company that went bankrupt.

The review, led by former Treasury Dep...


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