John Miner, London Free Press
A lawsuit by a Texas oil tycoon that alleged political interference at the highest levels in the awarding of Ontario wind farm contracts has been rejected by an international tribunal.
In what sources say was a split decision, the tribunal confirmed Canada complied with its obligations under the North American Free Trade Agreement.
The decision left a spokesperson for Ontario Energy Minister Bob Chiarelli boasting that Ontario is a global leader in clean energy development. He said Ontario will continue to work with the federal government as it considers the tribunal’s decision and next steps.
T. Boone Pickens had sued under Chapter 11 of NAFTA, claiming damages of $653 million plus interest after his company, Mesa Power Group LLC, lost out in its bid to build four massive wind farms north of London.
Mesa said it would have spent $1.2 billion in Ontario.
The tribunal, in the decision released Friday, decided Pickens’ company should pay for all of the arbitration costs. It also awarded the Canadian government $2.9 million for legal costs. Read article