Guatemala Owes $21 Million In Ongoing Energy Rate Dispute

摘要

Guatemala must fulfill its obligations under a $21 million arbitration award in favor of TECO EnergyHoldings LLC, even though the issuing tribunal is still deciding whether TECO Energy is entitled to anothermulti-million award, a federal judge in Washington said Oct. 1.The dispute is rooted in how the country’s energy commission established electricity rates for the 2008–2013 period.