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1 Aug 2019

Poland: ClientEarth wins shareholder lawsuit against Enea in landmark climate risk case

The District Court in Poznań ruled that the decision by Polish energy company Enea SA to participate in the construction of a power plant in north-eastern Poland was legally invalid.

The lawsuit was brought by one of the company’s shareholders, environmental group ClientEarth, who argued that the construction of the country’s last coal-fired power plant would harm the company’s economic interests and pose an “indefensible” financial risk to investors in the face of rising carbon and falling renewables prices.