Energy Department 'bet' on Fisker Automotive ends in bankruptcy

By Ronnie Greene

An Energy Department program meant to spur development of electric cars faces another setback with Fisker Chapter 11 filing.

Excerpts from this story referencing "ABC News":

"… t to fully take off. In October 2011, The Center for Public Integrity and ABC News explored the Energy Department’s risky $1 billion bet on Fisker and anot …"

Two DOE electric car loans, two different paths

By Ronnie Greene

As Fisker Automotive struggles to stay afloat, Tesla Motors pays off its Energy Department loan.

Excerpts from this story referencing "Tesla Motors":

"… rgy cars from drawing boards to showrooms. But this week, the fortunes of Tesla Motors and Fisker Automotive took sharply divergent turns. On Wednesday, the Ene …"

Energy Department auto loan program sputters

By Ronnie Greene

A $25 billion Department of Energy loan program has not closed a loan in two years amid the specter of Solyndra.

Excerpts from this story referencing "Tesla Motors":

"… form factories to build fuel-efficient vehicles, and cutting-edge upstarts Tesla Motors and Fisker Automotive develop electric cars and plug-in hybrids. A smaller …"

Energy's risky $1 billion bet on two politically-connected electric car builders

By Ronnie Greene, Matthew Mosk and Brian Ross

Two politically connected firms get $1 billion in federal loans to build electric cars

Excerpts from this story referencing "Solyndra":

"… the administration’s failed $535 million investment in solar panel maker Solyndra. The company’s collapse, bankruptcy and raid by FBI agents generated a l …"

"… money. A key question, experts and investigators say, is whether another Solyndra is in the offing. In interviews, executives with Tesla and Fisker said co …"

"… fing. In interviews, executives with Tesla and Fisker said comparisons to Solyndra are unfounded. Each said the government’s investments will ultimately pa …"

"… to worry about it,” Fisker said. When asked if Fisker might be the next Solyndra, he said, “Absolutely not.” On Wednesday, the company disclosed that …"

Taxpayer billions could fall short in creating new jobs, more efficient cars

By Ronnie Greene and Matthew Mosk

Amid questions about whether the Obama administration played favorites with energy loans to green companies, a new audit uncovers lack of ov

Excerpts from this story referencing "Advanced Technology Vehicles Manufacturing":

"… s.The report by the GAO, the investigative arm of Congress, focuses on the Advanced Technology Vehicles Manufacturing (ATVM) loan program, which has infused five companies with more than $8 bi …"

Green bundler with the golden touch

By Ronnie Greene and Matthew Mosk

Investor Steve Westly straddles the worlds of venture capital, presidential fundraising and government advising

Excerpts from this story referencing "Energy":

"… s a member of a government advisory board on Energy policy, has the ear of Energy Secretary Steven Chu, whose department hands out the sort of seed money so …"

"… n half a billion dollars in loans, grants or stimulus money from the Obama Energy Department, a review by the Center for Public Integrity and ABC News has f …"

"… s tells a larger story about how business and politicking intertwine at an Energy Department flush with $35 billion in stimulus money. “It looks like kin …"

"… le interview requests about his dinner with Obama. Another beneficiary of Energy Department aid is Solyndra Inc., a California solar power firm whose finan …"

Republicans call for probe of Obama’s green car program

By Matthew Mosk, Brian Ross and Ronnie Greene

Representative calls for further investigation into Energy Dept. loans to electric car companies

Excerpts from this story referencing "Solyndra":

"… from Congress since the first loan recipient, the solar manufacturing firm Solyndra, declared bankruptcy last month. A House Energy and Commerce Committee pa …"

"… stration that showed there were deep divisions about the wisdom of loaning Solyndra $535 million. ABC News reported Thursday that there are now emerging quest …"

"… he said. Concerns about the fate of federal loans to companies such as Solyndra and Fisker have become grist for campaign trail attacks aimed at President …"