‘Four Times Greater Than Solyndra': DOE Drops 1,200 Pages Of Heavily Redacted Docs On Green Energy Loans

The Department of Energy recently turned over more than 1,200 pages of heavily redacted documents in response to a records request about a subsidized biofuels company from The Daily Caller News Foundation. In October, TheDCNF filed a FOIA request with the Energy Department, asking for email records from government officials regarding federal loan guarantees given to Abengoa, a Spanish-based green energy company. The request came on the heels of reports Abengoa was running into big financial problems, despite being given generous taxpayer-backed loans. The DOE gave TheDCNF the records it requested Dec. 18, and after spending time reviewing the documents, it’s apparent there’s a lot of information the department did not want the public to see. The DOE redacted virtually all information specific to Abengoa — in many cases whole pages were blacked out. Reporters were mostly interested in Abengoa’s $400 million biofuels plant near Hugoton, Kansas. The company got a $132 million federal loan and a $97 million grant to build the plant, but after a year of operation the plant seemed to be having problems of its own. Despite the hype surrounding the plant, Abengoa has filed for bankruptcy and halted operations in Hugoton...more