The Department of Energy (DOE) canceled a Biden administration multi-billion-dollar partial loan guarantee to a green energy company facing financial instability and a history of alleged misconduct, according to Reuters.

In 2023, the Biden DOE announced a $3 billion partial loan guarantee to Sunnova Energy, a Houston-based company that provides solar panels and EV chargers, in furtherance of its broader green energy agenda. The Trump DOE canceled the loan guarantee Wednesday, dealing a blow to Sunnova— which has been accused in the past of ripping off elderly customers — as it navigates financial struggles, according to Reuters.

At the time it was announced, the Biden DOE guarantee was considered the largest loan commitment ever made by the government to a solar company. Sunnova has drawn scrutiny for allegedly exploiting dementia patients by signing them up for expensive, long-term solar panel contracts, The Washington Free Beacon reported in November 2023.