Brief: ENCE Says Supreme Court Confirms Legality On Extension Of Pontevedra's Biofactory Concession

ENCE Energia y Celulosa SA

08/03/2023 13:52

March 8 (Reuters) - Ence Energia y Celulosa SA  ENC.MC :
    * NOTIFICATION OF THE SUPREME COURT RULING ON THE EXTENSION
OF THE
CONCESSION OF THE BIOFACTORY IN PONTEVEDRA
    * SUPREME COURT RULING DECLARED AFOREMENTIONED RULING OF
AUDIENCIA
NACIONAL TO BE NULL AND VOID AND CONFIRMED LEGALITY OF EXTENSION
OF CONCESSION AND, THEREFORE, 60-YEAR TERM OF CONCESSION
    * THE RULING AFTER THE MANDATORY FAVOURABLE REPORT OF THE
COMPETENT ENVIRONMENTAL BODY HAD BEEN OBTAINED
    * RULING UPHOLDS APPEAL FILED BY COMPANY AND OTHER ENTITIES
AGAINST NATIONAL COURT RULING OF 15 JULY 2021 IN PROCEEDINGS
BROUGHT BY PONTEVEDRA CITY COUNCIL IN RELATION TO EXTENSION OF
CONCESSION ON PUBLIC MARITIME-TERRESTRIAL DOMAIN LAND ON WHICH
PONTEVEDRA BIOFACTORY IS LOCATED
    * IT IS EXPECTED TO RECEIVE SHORTLY NOTIFICATION OF SUPREME
COURT
JUDGMENTS UPHOLDING, IN IDENTICAL TERMS, APPEALS FILED BY
COMPANY AND OTHER ENTITIES AGAINST JUDGMENTS OF NATIONAL HIGH
COURT IN PROCEEDINGS BROUGHT BY GREEN PEACE SPAIN AND ASOCIACION
POR LA DEFENSA DE LA RIA DE PONTEVEDRA (APDR)

Source text for Eikon:  urn:newsml:reuters.com:*:nCNM5yVVVW
Further company coverage:  ENC.MC 

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