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Sterling and Wilson Faces Setback in Legal Dispute with Conti, LLC

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Sterling and Wilson Faces Setback in Legal Dispute with Conti, LLC

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An update from Sterling And Wilson Renewable Energy Limited ( (IN:SWSOLAR) ) is now available.

Sterling and Wilson Renewable Energy Limited announced that an Arbitral Tribunal has dismissed claims worth USD 55.06 million made by its subsidiary, Sterling and Wilson Solar Solutions Inc., against Conti, LLC, USA. Instead, Conti, LLC was awarded a claim of USD 6.44 million plus interest. This outcome may impact Sterling and Wilson’s financial standing and could influence its strategic positioning in ongoing and future legal disputes, as well as its operational focus in the US market.

More about Sterling And Wilson Renewable Energy Limited

Sterling and Wilson Renewable Energy Limited operates in the renewable energy sector, focusing primarily on solar energy solutions. The company provides a range of services related to the development and management of solar power projects, positioning itself as a significant player in the renewable energy market.

Average Trading Volume: 274,476

Technical Sentiment Signal: Sell

Current Market Cap: 63.24B INR

See more data about SWSOLAR stock on TipRanks’ Stock Analysis page.

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