Enel unit initiates arbitration against Waaree over India asset deal
Enel Green Power Development S.R.L. has filed a Request for Arbitration against Waaree Energies Limited (WEL) at the International Court of Arbitration of the International Chamber of Commerce (ICC). London has been designated as the seat of arbitration. The dispute relates to a Share Purchase Agreement (SPA) signed on January 10, 2025 for the proposed acquisition of Enel Green Power India Private Limited (EGP India) by WEL. Enel Green Power Development S.R.L. has alleged breaches…