December 14, 2023
Claims that a renewable energy developer intentionally delayed the construction of a 126-megawatt wind project to avoid paying out nearly $70 million from soon-to-expire federal tax credits are not supported by evidence, a New York federal judge ruled Thursday, following the completion of a bench trial.
June 26, 2023
Allegations that a former Innogy unit schemed to keep from paying nearly $70 million for a huge wind power farm in New York will go to a bench trial, according to an order from an Empire State federal judge.
August 18, 2021
A New York federal judge kept alive a suit claiming that Innogy wrongly conspired to withhold $70 million worth of tax credits by taking advantage of COVID-19-related deadline leniency for a wind project, but trimmed several claims from the case.
March 05, 2021
The seller of a wind farm project says the buyer, Innogy, is unjustly trying to keep $70 million worth of tax credits by taking advantage of deadline leniency under the COVID-19 pandemic and manipulating the construction schedule to miss contractual deadlines.
July 01, 2020
The seller of a wind farm project has told a New York federal court a former Innogy SE unit is purposely holding up the progress of the venture to avoid coughing up a nearly $70 million payment it owes upon completion of the project.