Securum Equity Partners cancels 1 GW Serbian PV project, sues Serbian government
- Published in Blog
- 14 Aug
/14th August 2013, Photon Magazine/ Luxembourg-based investment firm Securum Equity Partners & Associates plans to sue the Republic of Serbia for failing to provide Securum with the appropriate land for the construction of a 1 GW PV project the company was to develop in Serbia. According to the lawsuit, which will be filed shortly in the International Court of Arbitration of London, Securum is seeking compensation totaling €160 million ($213.7 million).
