Vilniaus Energija klaiped to have been discriminated against in favor of other combined heat and power plants.
The Court of Appeal of Lithuania ruled on 11 June changed the ruling of Vilnius Regional Court of 28 January, 2020 and rejected Vilniaus Energija's claim.
"The Court recognized that Vilniaus Energija had not been discriminated with regard to other combined heat and power plants, as well as supplier of balancing energy, therefore it does not have to compensate the losses claimed by Vilniaus Energija," ESO announced via the Nasdaq Vilnius Stock Exchange on Friday.
In lat January, Vilnius Regional Court upheld Vilniaus Energija's claim that it had been discriminated against in favor of other combined heat and power plants and awarded it 2.2 mln euros in damages, around a fifth of what Vilniaus Energija initially demanded.
However, the court dismissed Vilniaus Energija's claim that it had been discriminated against in favor of a balancing energy supplier.
Vilniaus Energija claims that it was discriminated against when ESO (former Lesto) purchased electricity from public interest services (PSO) providers and balancing service providers in 2014 and 2015.
Vilniaus Energija sought 10.7 mln euros in compensation, including 6.339 mln euros for 2014 and 4.371 mln euros for 2015
