Tauron hit by PLN 500 mln lawsuit by wind farm firm

WSE-listed, state-owned utility Tauron has been sued by wind farm company Gorczyca Wind Invest for terminating a long-term contract for the deliveries of electricity and green certificates by Tauron subsidiary Polska Energia – Pierwsza Kompania Handlowa. Wind Invest is demanding PLN 39.7 million in damages and PLN 466 million in compensation for potential future damages, Tauron said in a market filing. This is another lawsuit against Tauron in recent weeks. US utility Invenergy sued it for PLN 1.2 billion for breaching long-term green energy contracts. Tauron claims that both lawsuits are “baseless.”