AES Corp. Unit Sues Idaho Wind-Farm Developer Over Non-Payment
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An AES Corp. unit sued an Idaho wind-farm developer for allegedly failing to fully pay for 32 turbines and related equipment it agreed in May to buy for $34.6 million.
Exergy Development Group of Idaho LLC didn’t fulfill the agreement after an initial delay resulted in a renegotiated payment schedule and a price increase of more than $3 million, according to a complaint filed at the U.S. court in Boise on Aug. 22.