EVN seeks damages from Hitachi over plant delays

VIENNA Mon Dec 9, 2013 5:00am EST

Related Topics

VIENNA Dec 9 (Reuters) - Austrian energy company EVN is seeking damages of about 600 million euros ($821 million) from Hitachi over delays to a power plant, it said on Monday.

EVN, which is a 49 percent shareholder in a special purpose entity created for the construction of the Walsum 10 plant, said it was instituting arbitration proceedings against Hitachi and a court action against an insurer.

($1 = 0.7308 euros) (Reporting by Georgina Prodhan; Editing by Mark Potter)

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article