RANDALL CHASE, AP Business Writer
Updated 04:04 p.m., Monday, April 2, 2012
WILMINGTON, Del. (AP) — A California solar energy company that was unable to meet a deadline for an Energy Department loan guarantee last year has sought bankruptcy protection in Delaware.
Solar Trust of America's Chapter 11 filing on Monday listed assets between $1 million and $10 million, and liabilities between $50 million and $100 million.
The filing comes amid the ongoing controversy surrounding Solyndra, a solar firm that received a half-billion dollar federal loan and was touted by the Obama administration before declaring bankruptcy last year. Link here to read more from Seattle PI
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