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1 Aug 2019

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

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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.