Well, this worked out well.
U.S. Solar Power Plant Backed by Over $700 Million in Government Loans Goes Bust: Filing
(Reuters) - The owner of a big Nevada solar-thermal power plant that received $737 million in loans from the U.S. Department of Energy filed for bankruptcy on Thursday, according to a court filing, potentially leaving U.S. taxpayers with a whopping bill.
The project's failure is a blow to the DOE renewable energy loan program, which had already been criticized by Republicans as a waste of money after it backed failed solar panel maker Solyndra during the Obama administration.
Tonopah Solar Energy LLC still owes $425 million on its DOE loan, but reached a settlement under which the department will recover at least $200 million, it said in court documents filed in U.S. Bankruptcy Court in Delaware.
The deal is subject to court approval.
https://www.usnews.com/news/us/artic...es-bust-filing