References - Arbitration Electricity

Work carried out	Region	Client
EKON was retained by a Spanish market agent involved in a PPA contract dispute with a third party. In collaboration with Games Economics, Kim Keats prepared a report that rebutted the claims of the third party's expert witness. Parties reached an out-of-court settlement.	SPAIN	Market Agent
EKON was retained by an American Investment fund to provide independent expert advise and carry out a damage impact assessment on a portfolio of mini hydro assets in Spain to determine the impact of a number of retroactive regulatory changes implemented by the Spanish Government since the acquisition date. We used our Rinv calculator to determine the regulated income under different projected pool price scenarios.	SPAIN	Invesment Fund
EKON carried out the damage assessment of the regulatory changes implemented by the Spanish Government that have impacted on the economic viability of a portfolio of solar PV assets owned by an international investment fund in southern Spain. Our work included quantifying the damage of each of the changes and providing our expert opinion on the ideal route to arbitration, the end result of the work has been an expert report based on our financial model that includes the Rinv analysis.	SPAIN	Invesment Fund
EKON provided litigation support to a large multinational renewable developer in Spain seeking damages arising from the introduction of retroactive changes in the Spanish regulatory framework applicable to its Spanish wind business. The work included economic analysis of the damage to the base case of our client’s investment and the drafting of an expert report.	SPAIN	Renewables developer
Our experts were in charge of the valuation of 4 wind farms in order to provide an independent expert opinion in a litigation process as a result of a breach of contract in an SPA.	SPAIN	Wind Farm Developer
Our experts helped the client in the renegotiation of the gas contract in order to increase the load factor.	SPAIN	Utility
Our experts helped the investor to prepare a competitive bid for the acquisition of solar PV assets in Spain and Italy.	SPAIN / ITALY	International Invesment Fund
We helped our client understand the financial impact of certain key regulatory changes in the Spanish Energy sector. Our findings were used as part of an expert report in an arbitration proceeding where our experts gave testimony.	SPAIN	Cogeneration Operating Company
For a medium sized Solar PV module manufacturer and promoter, our experts assisted in formulating the legal strategy in the run up to the filing of a law suite against the Spanish State relating to the introduction of retroactive changes that have reduced the financial viability of our client’s investment.	SPAIN	Renewables developer