Tag Archives: LS Energia

ILN Today Post

Shutts Lawyers Sue Angola for $52M of Unpaid Electric Bills

Shutts & Bowen attorneys filed a $52 million lawsuit against the African nation of Angola on behalf of its client, LS Energia, claiming years of underpayment for operating two of its power plants.

The two Angolan facilities provided electricity to more than 2 million people in the Portuguese-speaking nation. Angola is the largest oil exporter and producer in sub-Saharan Africa, which caused the country to face hardships when oil prices dropped.

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