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ANGOLA

US Supreme Court setback for Aenergy's $550m damages claim

The US justice system has again ruled that it lacks jurisdiction over a dispute between the Portuguese electricity firm Aenergy and the Angolan state. The decision boosts Luanda's hopes that it can have a separate Aenergy claim against it dismissed in a court in the District of Columbia. [...] (374 words)

Issue dated 16/01/2023 Reading time 2 minutes

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Energy

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ANGOLA
Aenergy
GE Capital
General Electric
João Lourenço
José Eduardo dos Santos
Kiran Gore
Michael Ehrenstein
Ricardo Leitão Machado

Aenergy revives legal battle against Luanda and General Electric

After losing a first case and then an appeal against the Angolan government, General Electric, and its subsidiary GE Capital, the Portuguese firm Aenergy is on the attack again. It filed three fresh complaints with US courts in District of Columbia and in Connecticut on 22 August. [...]

Spotlight

ANGOLA Energy Business 02/10/2020

Luanda and GE defend themselves against Aenergy over one billion dollar turbines

Luanda and US electricity giant GE are asking a New York court to drop the charges brought against them by Portuguese businessman Ricardo Leito Machado. [...]

In Focus

ANGOLA Energy Business 06/07/2020

General Electric and Aenergy trade blows in turbine war

With accusations over the use of false documents and dual identities, the power struggle between Portugal's Ricardo Leitão Machado and his former General Electric partner Wilson Dacosta has taken on epic proportions. [...]

ANGOLA Energy Business 20/05/2020

Aenergy sues Angola and General Electric for $550m

The Portuguese power producer Aenergy facing an Angolan court probe over suspected embezzlement of money assigned to the construction of the Soyo thermal power plant has counterattacked by filing a lawsuit of its own in the US. [...]

In 2017, the Angolan state entrusted Aenergy with the maintenance of the Soyo power plant.

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Aenergy
GE Capital
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João Lourenço
José Eduardo dos Santos
Kiran Gore
Michael Ehrenstein
Ricardo Leitão Machado

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US Supreme Court setback for Aenergy's $550m damages claim

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Aenergy revives legal battle against Luanda and General Electric

Luanda and GE defend themselves against Aenergy over one billion dollar turbines

General Electric and Aenergy trade blows in turbine war

Aenergy sues Angola and General Electric for $550m

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US Supreme Court setback for Aenergy's $550m damages claim

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Aenergy revives legal battle against Luanda and General Electric

Luanda and GE defend themselves against Aenergy over one billion dollar turbines

General Electric and Aenergy trade blows in turbine war

Aenergy sues Angola and General Electric for $550m

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