Enter the name of a person or organization Search Help | Advanced Search Monday, February 27, 2012 Mapping the paths of power and influence HOME THINK TANKS TOP ONE PERCENT FAVORITES NEW DATA LISTINGS SEARCH Goldman Sachs, Barack Obama and the DOE loan program By Laurie Bennett November 16, 2011 at 7:22am Goldman Sachs Group, which has two Obama campaign bundlers in its ranks, also has at least two direct routes to the Department of Energy loan program. Cogentrix Energy, a subsidiary of Goldman, received a $90.6 million loan guarantee in September for the Alamosa solar project in Colorado. View large map  |  View static map  |  Embed this map |  License Muckety technology Goldman is also an investor in U.S. Geothermal, which received a $97 million loan guarantee in February for a geothermal project in Oregon. In its 2011 proxy statement, publicly traded U.S. Geothermal reported Goldman owned almost 6 percent of its stock. Another Goldman subsidiary, Raft River I Holdings, is participating in a joint venture with U.S. Geothermal to finance the Raft River geothermal project in southern Idaho. Two execs at Goldman - Todd Williams and Bruce Heyman - raised money for Obama’s 2008 campaign. Williams retired from the company in 2009. Heyman and his wife Vicki have re-upped as bundlers for Obama’s re-election bid. Goldman VP Michelle Carr is also raising money for Obama in 2012. The DOE loan program has come under scrutiny for ill-advised investments and possible conflicts of interest. One loan recipient, Solyndra, has declared bankruptcy and fired its employees. Newly released e-mails show that the Obama administration asked the company to delay announcing layoffs until after the 2010 midterm elections.