An IPP in the Dominican Republic facing a difficult financial situation needed to identify strategic approaches to address its problems. Mr. Pabon’s team provided a structure for assessing the IPP’s fleet of assets in the country by analyzing the flaws in the regulatory regime, identifying and prioritizing individual remedies, and assembling alternative strategies to optimize [...]
A company claimed that the government had violated a Stability Agreement related to discrimination in the setting process of electricity transmission tariffs. Mr. Pabon and his team represented the government, offering insight on economic fundamentals and demonstrating the fallacy of using regulatory arguments in contracts disputes in unregulated commercial settings. In addition, the team noted [...]
A power plant and associated coal mine project in the Middle East was cancelled after a government organization imposed new terms on the project’s purchased power agreement. The Concessionaire filed a breach-of-contract claim before the International Centre for the Settlement of Investment Disputes. Mr. Pabon’s team assisted the Concessionaire in both the jurisdictional liability and [...]
The Slovakian regulatory agency –RONI– needed a model for the redesign of the wholesale electricity market, including the design of the market rules and regulation of transmission and generation in the context of privatization. Mr. Pabon co-led the development of the specifications of the price regulation formula for the transmission business and the guiding principles [...]
An Asian State government argued that a “comfort letter” committed an international investor in a power distribution company to fund power costs owed to an energy supplier. Mr. Pabon worked with a team representing the investor in arbitration proceedings under local arbitration rules. The team analyzed the fundamentals of structural reform of the power sector, [...]
Mr. Pabon was part of a team that assisted the national electricity regulator (ANEEL) in developing its policies and procedures for tariff-related issues and identified the components of an institutional strengthening program for ANEEL. Additional work with the regulator included calculating distribution wheeling tariffs for certain electricity customers. He also advised the Brazilian System Operator [...]