Daniel Moore reports for The Pittsburgh Post-Gazette:
Aquion Energy, which filed for Chapter 11 bankruptcy last week, received nearly $19 million in grants and loans from the Pennsylvania Department of Community and Economic Development.
Because Aquion, a Carnegie-Mellon University spin-out focusing on battery technology, failed to hold up its end of the bargain in terms of job creation, the agency said it will pursue full recovery of that money in the bankruptcy reorganization proceeding.
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