Matter

Nordic Power Partners P/S & Ors v Rio Alto Energia, Empreendimentos e Participacoes Ltda & Ors ([2026] EWHC 806 (Comm))

Date not availableEngland and Wales
Date not availableEngland and Wales
Judgment of the Commercial Court in Nordic Power Partners P/S & Ors v Rio Alto Energia, Empreendimentos e Participacoes Ltda & Ors ([2026] EWHC 806 (Comm))
Commercial Court of the High Court of Justice
Decision summary
The court granted the Claimants summary judgment against the RAE Parties on their claim to receive 100% of the sale proceeds from the Brazilian solar projects under the contractual Waterfall Mechanism. It made declaratory relief and ordered specific performance of RAE's obligation to ensure distribution in accordance with the Cooperation Agreement; it did not need to determine the alternative strike-out application.
Supporting details
19 authorities · 9 participants
Nordic Power Partners P/S
Second Claimant
Third Claimant
Rio Alto Energia, Empreendimentos e Participacoes Ltda
FIP Rio Alto
FIP Coremas
TMF
Commercial Court of the High Court of Justice
Judge
Mr Justice Henshaw
Other
Witness
Lee Richard Bacon
Authorities cited
19
- R v Hayward, Jones and Purvis [2001] EWCA Crim 168, [2001] 2 Cr App R 11
  case
- Stemcor v Global Steel Holdings [2015] EWHC 363 (Comm)
  case
- The LCD Appeals [2018] EWCA Civ 220
  case
- Easyair Ltd v Opal Telecom Ltd [2009] EWHC 339 (Ch)
  case
- Swain v Hillman [2001] 1 All ER 91
  case
- ED & F Man Liquid Products v Patel [2003] EWCA Civ 472
  case
- Royal Brompton Hospital NHS Trust v Hammond (No 5) [2001] EWCA Civ 550
  case
- Doncaster Pharmaceuticals Group Ltd v Bolton Pharmaceutical Co 100 Ltd [2007] FSR 3
  case
- ICI Chemicals & Polymers Ltd v TTE Training Ltd [2007] EWCA Civ 725
  case
- National Highways Ltd v Persons Unknown [2023] 1 WLR 2088
  case
- Abaidildinov v Amin [2020] 1 WLR 5120
  case
- Geldof Metaalconstructie NV v Simon Carves Limited [2010] 1 CLC 895
  case
- Kireeva v Zolotova [2024] EWHC 552
  case
- CF Partners (UK) LLP v Barclays Bank Plc [2014] EWHC 3049 (Ch)
  case
- Royal Bank of Scotland v Highland Financial Partners LP [2013] 1 CLC 596
  case
- Gravelor Shipping Ltd v GTLK Asia M5 Ltd [2023] 1 CLC 272
  case
- Civil Procedure Rules, CPR 24.3
  procedural rule
- Civil Procedure Rules, CPR 3.4(2)(a) and (b)
  procedural rule
- Grant and Mumford, Civil Fraud (1st ed) section 22-024
  secondary source
Direct judgment

Nordic Power Partners P/S

Second Claimant

Third Claimant

Rio Alto Energia, Empreendimentos e Participacoes Ltda

FIP Rio Alto

FIP Coremas

TMF

Commercial Court of the High Court of Justice

Other