And yet another energy company goes bankrupt

[hypocritexposer]

and yet another bites the dust....

Hundreds of employees laid off at solar power manufacturing plant

http://www.ktnv.com/news/local/138089283.html


Amonix previously raised $25 million in Series A funding from Goldman Sachs Group and MissionPoint Capital, and also received $15.6 million in grant funding through the Department of Energy Solar America Initiative (SAI). In 2010, Amonix received $9.5 million in stimulus funding as part of the federal Recovery Act's Advanced Energy Manufacturing Tax Credit, which will lead to 269 new clean energy manufacturing jobs in Nevada and 167 new jobs in Arizona.



http://amonix.com/pressreleases/solar-industry-leader-amonix-secures-1294-million%E2%80%A8-private-equity-financing

 

[Steve]

this is really another Obama liberal success story.. besides it was a grant, so the taxpayers are not on the hook for another bad loan..

:? :???: