U.S. Court Grants ENKA’s Bid to Enforce Over $350M Arbitration Award Against Georgia
A U.S. federal court has ruled in favor of Turkish company ENKA Renewables in its bid to enforce a 2024 international arbitration award of approximately USD 350 million plus interest against Georgia over the termination of a contract to build the Namakhvani Hydropower Plant, a planned hydropower project in western Georgia that was halted in …