March 01, 2022
A Florida federal judge on Tuesday backed an international tribunal's award of just $2.34 million for an energy company in a wind farm dispute with the Dominican Republic, saying a bid for $287.6 million over purported lost profits was rightly refused.
February 14, 2022
A U.S. magistrate judge in Miami backed an international tribunal's decision finding the Dominican Republic breached a contract over a wind farm project, but denied a company's bid to recover as much as $287.6 million in purported lost profits.
July 21, 2021
The Dominican Republic told a Florida federal court that an international tribunal was right to deny a lost profits claim valued as high as $287.6 million brought by a subsidiary of Spanish renewable energy company Grupo Solesfero over a wind farm deal that fell through.
May 13, 2021
A subsidiary of Spanish renewable energy company Grupo Solesfero is looking to revive its claim for some $287 million in lost profits after a deal to develop a wind farm in the Dominican Republic fell through, telling a Florida judge that an international tribunal's "catchall denial" of the claim is insufficient.