Feds Raid Home of Solyndra CEO

Ken James/Bloomberg via Getty Images edit Delete caption(WASHINGTON) - Federal agents have expanded their examination of the now-bankrupt California solar power company Solyndra, searching the homes of the company's CEO and two of its executives, examining computer files and documents.

Agents visited the homes of CEO Brian Harrison and company founder Chris Gronet and a former executive, according to a source who agreed to speak only on the condition of anonymity because of the legal sensitivity of the situation.

Gronet, reached at his home Friday morning, did not dispute that his home was searched by federal agents a day earlier.

Solyndra spokesman David Miller confirmed agents visited Harrison's home on the same day the FBI and Energy Department Inspector General seized boxes of records from the company's headquarters.

The raid and visits come amid increasing evidence the Justice Department and Inspector General are exploring whether Solyndra mislead the government in securing its $535 million loan in 2009 -- and landing a vital refinancing of that loan earlier this year.

Members of Congress leading a House investigation of the DOE loan have focused specifically on visits Solyndra CEO Harrison made to Washington in July, when he said the company was on sound footing and expanding.

Less than two months after that visit, Solyndra fired 1,100 workers and filed for bankruptcy – a stinging disappointment for the Obama administration, which made the Solyndra loan a showpiece as its first investment in green energy technology.

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