February 22, 2018 / 11:03 PM / 9 months ago

NextEra unit sues U.S. Treasury over Nevada solar plant subsidy

A NextEra Energy Resources subsidiary that built a $1 billion solar power plant in Nevada has sued the U.S. Treasury, saying it improperly withheld about half of a $289 million cash grant the project was eligible for under a federal subsidy program.

Filed on Wednesday in the U.S. Court of Federal Claims by Silver State Solar Power South, the lawsuit said Treasury determined the project was eligible for a grant of only about $142 million but did not provide an adequate explanation of how it arrived at that amount.

To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2CDLXHJ

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