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The court put an end to the dispute between a company that planned hundreds of millions of investments and Litgrid - Verslo žinios

Summary by vz.lt
The electricity transmission company Litgrid did not legally sign a memorandum of intent with the company Vašuokėnų vėjas, which intended to build one of the largest wind farms in the country in the Anykščiai district, due to insufficient network capacity, a court has finally ruled.
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The dispute over a million-dollar concession fee is behind the legal battle between the Federal Government and the state of Paraná over ownership of the Iguaçu Falls, in the west of the state. The Attorney General's Office (AGU) will appeal the decision of the 4th Regional Federal Court (TRF-4) that recognized that the 1,085-hectare area on the Brazilian side of the Falls belongs to Paraná. Currently, the tourist exploitation of the site is carr…

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The electricity transmission company Litgrid did not legally sign a memorandum of intent with the company Vašuokėnų vėjas, which intended to build one of the largest wind farms in the country in the Anykščiai district, due to insufficient network capacity, a court has finally ruled.

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vz.lt broke the news in on Friday, March 21, 2025.
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