White House officials confident DOE’s entire loan guarantee portfolio is financially sound

摘要

With Republicans vowing to investigate other Energy Departmentnloan guarantees, in light of Solyndra’s bankruptcy, White House officialsninsisted that the entire DOE loan guarantee portfolio is sound.nAt a hearing Thursday of the House Energy and CommercenCommittee, Jeffrey Zients, deputy director of the White HousenOffice of Management and Budget, said the guarantees havengone to a wide range of technologies, ranging from nuclear reactorsnto wind farms to biofuels refineries. DOE has issued aboutn40 loan guarantees totaling more than $30 billion in financingnin both its so-called 1703 and 1705 loan guarantee programs