Wind Farms: EPC Contractor Ordered Not to Stop Power Generation | White & Case LLP
To embed, copy and paste the code into your website or blog: Power projects usually contain a period of time, prior to completion and taking over, where power is being generated and can be sold into the grid or to an offtaker. Earlier this month, the Supreme Court of Victoria ordered an EPC Contractor not to prevent power generation for an onshore wind farm project during such a period. Early generation revenue during a power project can provide a significant income stream in the early stages of a power project, and is therefore sought after where available. But it can never be assured, due t...
Source: jdsupra.com