A judge has ruled that Acciona must deliver $38.6 million in bank guarantees to the entity in charge of a $511 million waste-to-energy plant in Western Australia, despite allegations of insolvency levelled by the Spanish infrastructure giant.
Japanese company Hitachi has hit back at a lawsuit filed by the entity in charge of a $511 million waste-to-energy plant in Western Australia which accuses Acciona of withholding $38.6 million in bank guarantees, denying any joint liability with the Spanish infrastructure giant.
The entity in charge of a $511 million waste-to-energy plant south of Perth has filed a second lawsuit against Acciona, accusing the Spanish infrastructure giant of withholding $38.6 million in bank guarantees to use as leverage in unrelated disputes about the troubled project.
Acciona has hit back at a suit brought by the entity in charge of a $511 million waste-to-energy plant south of Perth alleging it was unlawfully shut out of the project site, with the Spanish infrastructure giant saying the entity had no âunlimited right of access.â
Spanish infrastructure giant Acciona has been sued by the entity in charge of a $511 million waste-to-energy plant south of Perth, which says it was unlawfully shut out of the project site after âcommercial issuesâ arose between them.
A judge has ruled he will not consider a separate question on whether Acciona is barred from setting off any damages payable to Lendlease in a lawsuit over the $160 million sale of its engineering business.