Sterling and Wilson Renewable Energy: Arbitration Proceedings Dismissed With Prejudice
Sterling and Wilson Renewable Energy Limited has announced an update on ongoing material litigation. In continuation of previous disclosures, the company stated that OEG Inc., USA, and Sterling and Wi...
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Why is Sterling and Wilson Renewable Energy Limited in the news today?
Sterling and Wilson Renewable Energy Limited (SWSOLAR) is in the news due to the arbitration proceedings have been dismissed, which is a neutral development as it resolves a dispute without a clear positive or negative financial outcome, other than the absence of awarded costs.
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Sterling and Wilson Renewable Energy: Arbitration Proceedings Dismissed With Prejudice
December 20, 2025, 03:48 PM
Sterling and Wilson Renewable Energy Limited has announced an update on ongoing material litigation. In continuation of previous disclosures, the company stated that OEG Inc., USA, and Sterling and Wilson Solar Solutions, Inc., USA, have mutually agreed to dismiss their arbitration proceedings.
The arbitration has been dismissed with prejudice, meaning it cannot be refiled. However, certain counterclaims, as previously referred to in an arbitration order dated March 13, 2025, remain expressly reserved. No costs, expenses, or legal fees have been awarded to either party.
The company does not anticipate any financial impact arising from this dismissal, beyond what was already disclosed in their prior communication on October 10, 2025. The announcement was made on December 20, 2025.
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