Judge Halts $129M Sale In ESA Puerto Rico Solar Project Row

Law360, New York (May 3, 2012, 6:16 PM EDT) -- A Florida federal court judge granted a motion Wednesday by California renewables developer Commercial Solar Power Inc. for a temporary restraining order preventing ESA Renewables LLC from selling a $129 million solar project in Puerto Rico, a day after it alleged ESA Renewables backed out of a purchase agreement.

District Court Judge Gregory A. Presnell said that if ESA Renewables sold the solar development to another buyer, Commercial Solar would be left "without an adequate remedy at law as a matter of fact and as a matter...
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