Notification regarding legal dispute
21 8월 2023 - 10:45PM
Notification regarding legal dispute
LITGRID AB (identification code 302564383, registered office
placed at Karlo Gustavo Emilio Manerheimo str. 8, LT-05131,
Vilnius) (hereinafter – LITGRID, the Company) informs that Vilnius
Regional Court (hereinafter – the Court) announced that it received
a claim from UB GG LTU S23 requesting the Court to recognise the
Company's decision of 10 June 2022 to refuse to conclude a letter
of intent and the response of 14 July 2022 regarding the refusal to
conclude the letter of intent as illegal and to revoke them, to
order EUR 19 768 535 in damages and incurred litigation costs
from LITGRID.
According to UAB GG LTU S23, the Company's decision of June 10,
2022, to refuse to conclude a letter of intent with it in
accordance with the issued pre-conditions of connection is
unfounded and illegal, therefore the plaintiff lost the opportunity
to develop the solar power plant park and suffered losses of EUR
19 768 535 as a result.
The Company will analyse the arguments of the claim and will
make decisions about further actions in accordance with the
procedure established by legal acts.
More information:
Jurga Eivaitė Communications Project Manager +370 613 19977
jurga.eivaite@litgrid.eu
Litgrid Ab (LSE:0P19)
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