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Spain clean energy case shakes confidence in EU investment

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Renewable energy investors who lost subsidies promised by Spain are heading to a London court to try to claw back $125 million from the government — a decadelong dispute with ramifications for clean energy financing across the European Union.

FILE - Solar panels work near the small town of Milagro, Navarra Province, northern Spain, on Feb. 24, 2023. FILE - Solar panels work near the small town of Milagro, Navarra Province, northern Spain, on Feb. 24, 2023.

MADRID — Renewable energy investors who lost subsidies promised by Spain are heading to a London court to try to claw back $125 million from the government — a decadelong dispute with ramifications for

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