One-Third of Energy Dept. Loans on 'Watch List'

“Hybrid-car maker Fisker Automotive Inc. also may be on the list.”

The Wall Street Journal reports:

The Department of Energy has placed nearly one-third of its clean-energy loan portfolio on an internal “watch list” for possible violations of terms or other concerns, according to a copy of the list obtained by The Wall Street Journal, highlighting how such concerns have spread beyond the now-bankrupt Solyndra LLC.

The redacted copy, released in response to a Freedom of Information Act request by the Journal, showed that as of Feb. 29 there were 10 projects on the watch list out of 32 loans and loan guarantees made to electric-vehicle and renewable-energy companies…

One thought on “One-Third of Energy Dept. Loans on 'Watch List'”

  1. Why should this list be redacted? So much for transparency in the use of public funds.

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