Enel Antitrust Suit in Chile Opens Window Into Green-Power Woes

Nov. 30, 2023, 3:02 PM UTC

A renewables developer is picking a fight with Chile’s biggest energy group in a case that illustrates the challenges the green power industry faces in emerging markets.

Golden Sun SpA, a power developer based in Santiago controlled by businessman Felix Jaramillo, is suing Enel Green Power Chile in the nation’s antitrust court. A ruling is expected as soon as the first quarter of 2024.

The lawsuit filed in January accuses EGP, a unit of Enel Chile SA, of stealing confidential information, feigning interest in a partnership and forcing Golden Sun out of a solar power project. It claims ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.