WElink, the Irish renewable energy company, is staring down a complex legal dispute with a Chinese state-owned engineering firm, with claims and counterclaims nearing €100 million. An ongoing court case in the UK has pitted several companies in the WElink group against China Triumph International Engineering Co (CTIEC) in a row over three UK solar farm projects. WElink develops solar energy and housing infrastructure. CTIEC is a subsidiary of CNBM, a Chinese state-owned building materials giant. It filed its claim against WElink early last year, alleging it is owed £17.2 million (€20 million) by the Irish solar company after a…

Want to continue reading?

Join today with an Annual membership and unlock full access to The Currency and The Wall Street Journal for just €200 – two premium memberships, one subscription.

Subscribe

Cancel at any time.

Are you already a member? .