A major power reactor construction company filed for arbitration related to delay in the execution of construction work and project management issues against a power utility in a Northern European country. Mr. Pabon’s team conducted economic and financial analysis related to the delay and the contractual obligations assumed by Respondent with third party electricity off-takers. By using a replacement cost approach, it was showed that Respondent suffered damages associated with the loss of energy and the capacity value arising from the delay in the construction of the generation asset.
