"It has been confirmed that a renewable energy development project Samsung C&T and KEPCO inked with the provincial government of Ontario in Canada is caught up in an investor-state dispute (ISD). "
Texas billionaire, and natural gas booster, Boone Pickens' MESA Power Group is reported to be seeking $775 million in damages. The filing appears to note the Ontario government discriminated against Canadian companies in bestowing preferential status to the Korean syndicate:
In its mediation notice, MESA argued, “On January 21, 2010, a Korean-based company, Samsung C&T signed a $7 billion green energy investment agreement with Ontario’s Premier and Ontario’s Minister of Energy. While the existence of an agreement was public, the terms of the agreement were secret. This secret agreement granted Samsung significantly better access to supply renewable energy to the provincial energy grid than to other enenrgy providers in the province.” The notice also said, “Canada failed to meet its obligations to provide Natioanl Treatment(in accordance with NAFTA Article 1102) by providing more favorable transmission treatment to a Canadian company in like circumstances, Boulevard Associates Canada, Inc and local subsidiaries of Korea-based Samsung, which was also in like circumstances.