Romanian Hidroelectrica Goes To Court To Keep Force Majeure

“We have asked the court to cancel this situation generated by the Chamber of Commerce, through its president. In addition, the Board decided to file a criminal complaint against all those who voted in favor of the withdrawal without analyzing the situation,” Hidroelectrica chief Constantin Trihenea said Tuesday during an energy forum.

Asked who were the ones targeted by criminal complaints, Trihenea said the complaint was filed against the Chamber of Commerce as legal entity, represented by president Mihail Vlasov, who led the Coordination Council.

On September 27, Hidroelectrica received all approvals necessary to instate a force majeure situation because of the drought. The force majeure claim enabled a 30%-60% reduction in the amounts of electricity delivered. At that date the company estimated the force majeure situation would be extended until the end of the year.