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Lithuanian investor SES Modus Grupe seeks EUR 11.5 mln damages in intl arbitration against Ukraine 2 min read Modus Energy International, a member of the Lithuanian diversified company Modus Grupe, has initiated an arbitration against Ukraine over the retrospective reduction of feed-in tariffs in seeking to compensate damages of EUR 11.5 million, according to a draft government resolution on the procurement of legal advisors services to defend the interests of the state in arbitration. The draft resolution, authorizing the Ministry of Justice to apply the simplified negotiating procedure, was included in the agenda of the government meeting on Wednesday. According to an explanatory note to the draft resolution, the Ministry of Justice received a notice of arbitration against Ukraine on March 23 from the owner of Bolokhivsky Solar Park 1 LLC, Bolokhivsky Solar Park 2, as well as Solar Zalukva LLC – the Lithuanian company Modus Energy International. The company, in partic

Ivano frankivs ka oblastEnergy charter treatyUtilities regulatory commission of ukraineMinistry of justiceSolar zalukvaModus energy internationalNational energyInterdepartmental working groupEnergy internationalModus grupeBolokhivsky solar parkModus energyUtilities regulatory commissionஆற்றல் சாசனம் ஒப்பந்தம்பயன்பாடுகள் ஒழுங்குமுறை தரகு ஆஃப் உக்ரைன்அமைச்சகம் ஆஃப் நீதி