Energy Co. Sues Edison Over Terminated Wind Farm Deal

Law360, New York (March 30, 2012, 6:06 PM EDT) -- San Diego developer Helo Energy LLC and its investment backer accused Southern California Edison Co. on Wednesday of unlawfully terminating a power purchase agreement with Helo's 20-megawatt wind farm — a struggling project Helo claims it was tricked into starting.

Southport, Conn., investment fund Saugatuck Energy LLC, Helo and project vehicle Sand Canyon of Tehachapi LLC sued the utility in California state court Wednesday. The plaintiffs allege SCE wriggled out of the agreement — a 20-year contract to purchase 20 megawatts at a price of $117.30...
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