Sunlight Foundation reports Abound Solar, another participant in the Department of Energy’s loan guarantee program, which is facing scrutiny, has hired Washington lobbyists because of that attention, a company spokesperson said.
The lobbying—by former government officials with ties to Congress and the Department of Energy—started in mid-October, about six weeks after Solyndra, the recipient of a $535 million loan from DOE, filed for bankruptcy. Like Solyndra, one of Abound Solar’s key investors is an Obama fund-raiser, although there is no evidence that the Obama administration favored the companies because of this connection.
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I guess it was just a coincidence.
Memeorandum
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