The company emphasizes that it had already secured permits and commercial agreements for an LNG terminal and power project, but those plans could not progress due to “the unlawful actions of AES and InterEnergy, acting by themselves and through their joint venture, Group Energy.”

Kenneth Zhang , Sinolam’s CEO, commented: “We are pleased with the decision to return this matter to Virginia state court and appreciate the clarity it brings to the path forward. Sinolam remains confident in the strength of our claims and is committed to pursuing them vigorously in the appropriate forum.”