US EditionEmergency Referee Rejected Precautionary Measures Proposed by Progen, by Quevedo Project
Summary by El Universo
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The emergency arbitrator appointed by the Arbitration and Mediation Center of the Ecuadorian-American Chamber of Commerce (Amcham) rejected in its entirety the request for precautionary measures raised by the company Progen Industries LLC within arbitration no. 002-2025, related to the contract of the thermal power plant Quevedo III (50 MW) signed with the Corporación Eléctrica del Ecuador (Celec), Unidad de Negocios Termopichincha.
They reject precautionary measures requested by Progen in arbitration. The case is related to the contract of the Quevedo III thermal power plant.
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