Polenergia S A : and Green Genius join forces for offshore…
Home Polenergia and Green Genius join forces for offshore development in Lithuania ... | March 22, 2022
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Home Polenergia and Green Genius join forces for offshore development in Lithuania ... | March 22, 2022
Polenergia and Modus Energy have agreed on the key terms of an agreement which will see the two parties establishing a joint venture (JV) to develop offshore wind projects in the Baltic Sea.
Taras Dumych, Managing Partner, Wolf Theiss Kyiv
Local lawsuits are reportedly set to cost the body set up to purchase clean power in Ukraine more than €24 million already, after the decision by the government in August to retroactively reduce FIT payments.
Lithuanian investor SES Modus Grupe seeks EUR 11.5 mln damages in intl arbitration against Ukraine 2 min read Modus Energy International, a member of the Lithuanian diversified company Modus Grupe, has initiated an arbitration against Ukraine over the retrospective reduction of feed-in tariffs in seeking to compensate damages of EUR 11.5 million, according to a draft government resolution on the procurement of legal advisors services to defend the interests of the state in arbitration. The draft resolution, authorizing the Ministry of Justice to apply the simplified negotiating proced...