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U.S. Energy Department says Fisker has repaid $21 mln of loan
April 22, 2013 / 9:26 PM / 5 years ago

U.S. Energy Department says Fisker has repaid $21 mln of loan

April 22 (Reuters) - The U.S. Department of Energy recovered $21 million cash from struggling green car company Fisker Automotive that will go toward repaying nearly $200 million in loans extended under a U.S. program to spur advanced vehicle development.

The DOE recouped the cash on April 11, DOE spokeswoman Aoife McCarthy said in a statement. Fisker owes the U.S. government about $192 million of the $529 million loan it received from the DOE in 2009.

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