Politics & Government

FBI Executes Search Warrants at Solyndra Plant

The Fremont plant shut down abruptly on Aug. 31, filing for bankruptcy and announcing the layoff of 1,100 employees

Bay City News Service —The FBI is executing search warrants this morning at Fremont's Solyndra plant, which announced last week that it was shutting down and declaring bankruptcy.

The solar panel manufacturer said on Aug. 31 that it would lay off its 1,100 workers.

FBI spokesman Peter Lee said this morning that the agency is conducting a joint investigation with the Department of Energy's Office of Inspector General.

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He said the FBI is not yet releasing details about the case.

President Obama toured the Solyndra plant last year after the federal government announced that it would grant the solar manufacturer a $535 million loan guarantee using stimulus dollars.

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