Obama’s Latest Solar Scandal: Parent of Arizona’s $2 Billion Solana Plant Is Broke
“Abengoa, the Spanish company that built the expansive $2 billion concentrated solar plant near Gila Bend, is broke and headed toward a possible bankruptcy filing. It’s the latest solar scandal for the Obama administration, which picked Abengoa for billions in lucrative loan guarantees. This week, Abengoa filed in Spain for protection against its creditors, … [Read more…]