Chile High Court Stalls $5B Thermoelectric Project

Law360, New York (August 28, 2012, 4:37 PM EDT) -- Chile's highest court on Tuesday rejected the $5 billion Castilla thermoelectric power plant planned by Brazil's MPX Energia SA, saying concerns over the 2,100-megawatt facility's environmental impact are too weighty for them to give it the go-ahead.

In its unanimous decision, the Supreme Court of Chile told MPX Energia and its joint venture partner, German utility E.ON AG, that they should have submitted the environmental review of the plant together with an assessment of an affiliated port project required to supply the plant with coal and...
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