Sunrise initiates legal action against Nigeria over Mambilla power project
What happened
Sunrise initiated legal action against the federal government of Nigeria regarding the Mambilla Hydroelectric Power Project. Sunrise is an affiliate and former subsidiary of Liberty Global, and Robert Friedland serves as the chairman of Sunrise.
From indiainfoline.com
Why it matters
The legal dispute involves Sunrise, which is engaged in an ongoing arbitration with Nigeria concerning the Mambilla Hydroelectric Power Project. This action relates to the operational status of the power project.
From indiainfoline.com
Who's involved
- SunriseInfrastructure company engaged in legal dispute over power project
- NigeriaSovereign state where the power project is located
- Liberty GlobalInternational telecommunications company that is Sunrise's affiliate
- Robert FriedlandChairman of Sunrise
- federal government of NigeriaGovernment body against which Sunrise filed legal action
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NigeriaSpeculative
Nigeria might face increased costs or delays in power supply due to the ongoing arbitration.
- Liberty GlobalSpeculative
Liberty Global might face changes in investment returns related to the project due to the legal dispute.
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The entities involved
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Sunrise
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