Solyndra Will Add Tax-Break Details to Resolve U.S. Objection

Solyndra LLC, the bankrupt solar-panel maker, will add information on potential tax breaks for the company’s indirect owners to its reorganization plan to resolve an objection from the U.S. government.

Net operating loss carryforwards may reach $975 million for Solyndra’s parent, 360 Degree Solar Holdings Inc., according to court papers filed yesterday in Wilmington, Delaware. The NOLs may generate more than $300 million in tax breaks for 360 Degree’s equity owners, including Argonaut Ventures LLC and Madrone Partners LP, Solyndra said.