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TERMORIO S.A.E.S.P. v. ELECTRANTA S.P.

No. 06-7058.

487 F.3d 928 (2007)

TERMORIO S.A.E.S.P. and LeaseCo GROUP, LLC, Appellants v. ELECTRANTA S.P., et al., Appellees.

United States Court of Appeals, District of Columbia Circuit.

Decided May 25, 2007.

Attorney(s) appearing for the Case

Thomas R. Johnson, Jr. argued the cause for appellants. With him on the briefs were Stephanie K. Hines, Kevin M. Sali, and Benjamin Sharp.

Paul J. Kiernan argued the cause for appellees. With him on the brief was Stephen A. Bogorad.

Before: TATEL and GARLAND, Circuit Judges, and EDWARDS, Senior Circuit Judge.

Opinion for the Court filed by Senior Circuit Judge EDWARDS.

EDWARDS, Senior Circuit Judge.

Appellant TermoRio S.A.E.S.P. ("TermoRio") and appellee Electrificadora del Atlantico S.A.E.S.P. ("Electranta"), a state-owned public utility, entered into a Power Purchase Agreement ("Agreement") pursuant to which TermoRio agreed to generate energy and Electranta agreed to buy it. When appellee allegedly failed to meet its obligations under the Agreement, the parties...

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