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SolarCity Guarantee Nixed, Says U.S. Required More Documentation

SolarCity Corp.’s loan guarantee may have been undone by the bankruptcy of Solyndra LLC.

SolarCity, a Foster City, California-based developer of residential rooftop solar systems, said yesterday that the U.S. Energy Department won’t complete the $275 million conditional guarantee that was offered a day after Solyndra sought protection from creditors.