Spain loses court case after cutting support for renewable energy

Two equity funds will receive sizeable compensation for economic damages after the Spanish government cut subsidies for renewable energy in 2013. The ruling is just one in a long line of lawsuits filed against the Spanish government.
Photo: Mainstream Renewable Power
Photo: Mainstream Renewable Power

The Spanish government has been sentenced to pay a fine to two equity funds as retroactive compensation for cutting subsidies to renewable energy sources, announces Spain's Ministry of Energy.

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