CL-2025-000376 - [2025] EWHC 2875 (Comm)

Royal Courts of Justice,

Rolls Building, Fetter Lane,

London, EC4A 1NL

Before :

LIONEL PERSEY KC

SITTING AS A JUDGE OF THE HIGH COURT

Between :

(1) NORDIC POWER PARTNERS P/S

(2) NPP BRAZIL I K/S

(3) NPP BRAZIL II K/S

Applicants

- and –

(1) RIO ALTO ENERGIA, EMPREENDIMENTOS E PARTICIPAÇÕES LTDA.

(2) FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES RIO ALTO – MULTIESTRATÉGIA DE RESPONSABILIDADE LIMITADA

(3) FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES CONJUNTO COREMAS – MULTIESTRATÉGIA

(4) TMF BRASIL SERVIÇOS DE ADMINISTRAÇÃO DE FUNDOS LTDA.

Respondents

And Between:

NPP BRAZIL II K/S

Applicants

- and –

(1) FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES RIO ALTO – MULTIESTRATÉGIA DE RESPONSABILIDADE LIMITADA

(2) FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES CONJUNTO COREMAS – MULTIESTRATÉGIA

Respondents

Douglas Grant (instructed by Clyde & Co) for the Applicants

Andrew Lomas (instructed by Culbert Ellis) for the Respondents

Matthew Abraham (instructed by Hogan Lovells International LLP) for the TMF Parties

Hearing date: 19 September 2025

Approved Judgment

This judgment was handed down remotely at 10.30am on 5 November 2025 by circulation to the parties or their representatives by e-mail and by release to the National Archives.