Ellex has successfully represented the interests of Litesko in reaching an amicable settlement to a dispute over the Alytus city heating and electricity infrastructure.
According to Ellex, Litesko, a part of the Veolia group of companies, together with the Alytus City Municipality and the municipal company "signed a comprehensive settlement agreement, which concluded legal disputes pending in the courts since 2016. The court cases in question dealt with complex issues requiring expertise in civil and energy law. After eight years of litigation, the parties have amicably agreed on mutual compensations. Among them, the parties agreed on compensations for additional investments made by the Ellex Valiunas client to modernize the Alytus heating infrastructure, including an investment into the Alytus biomass cogeneration power plant which was erected and installed by Litesko."
According to the firm, "the power plant, which is currently operated by the municipal company, enabled the use of biofuels for heat production in Alytus city and reduced natural gas consumption by almost 18 million cubic meters per year. Under the signed agreement, Ellex Valiunas’ client will recover a settlement amount of several million euros."
Ellex’s team included Partners Dovile Greblikiene and Miroslav Nosevic, Senior Associates Simona Budreikaite and Karolina Naurone, and Associate Ausra Zabulionyte.
