A sister company of Florida Power & Light Co. got a break from the Texas Supreme Court, which instructed a lower court to significantly reduce a $29 million judgment in a lawsuit over renewable energy credits from wind farms.
The ruling had the critical effect of limiting how damages are calculated. The American Wind Energy Association in Washington filed a friend-of-the-court brief expressing concern that a ruling contrary to the one the court took would impede the renewable energy credit market.
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