Chairmen Broun, Lankford Demand Cape Wind DOE Loan Guarantee Info

Feb 28, 2013

Washington D.C. –Subcommittee on Oversight Chairman Paul Broun (R-Ga.) and Rep. James Lankford (R-Okla.), Chairman of the Subcommittee on Energy Policy, Health Care, and Entitlements of the House Committee on Oversight and Government Reform, today sent a follow-up letter demanding documents from the Department of Energy (DOE) related to a pending loan guarantee for the Cape Wind project, a controversial offshore wind energy project proposed off the coast of Cape Cod, Mass.

In their initial January 25 letter, the lawmakers wrote: “We are concerned that the Department is moving forward with this loan guarantee despite the extensive controversy surrounding departmental management and decision-making associated with the program.  As you know, DOE’s Loan Program Office (LPO) is mired in controversy following the bankruptcies of Solyndra, Abound Solar, and Beacon Power.  These high-profile failures, and the commensurate ‘subordination’ of taxpayer investment, prompted the U.S. House of Representatives to pass H.R. 6213, the No More Solyndras Act last fall.”

Today’s letter notes that DOE missed its initial deadline and demands the agency provide the requested documents by March 8, 2013. 

Both letters can be found here.