DOE questions Solyndra bankruptcy plan

Policy   Renewable Energy
By Randall Chase on August 29, 2012

DOVER, Del. (AP) — Solyndra LLC should provide more information about tax breaks that could be worth hundreds of millions of dollars to private equity funds that control the failed solar power company, government lawyers said in a court filing.

Attorneys for the Department of Energy and the Internal Revenue Service filed court papers last week objecting to a disclosure statement filed by Solyndra with its bankruptcy reorganization plan. Solyndra received a $528 million loan from the Obama administration before filing for bankruptcy protection last year.

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Argonaut Ventures I LLC
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