Enel Antitrust Suit in Chile Opens Window Into Green Power Development Woes
- Golden Sun accuses energy giant of deceit in solar project
- Lack of transmission assets, price freeze take toll on sector
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A renewables developer is picking a fight with Chile’s biggest energy group in a case that illustrates the challenges the green power industry faces in emerging markets.
Golden Sun SpA, a power developer based in Santiago controlled by businessman Felix Jaramillo, is suing Enel Green Power Chile in the nation’s antitrust court. A ruling is expected as soon as the first quarter of 2024.