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Claimant’s own “failings” created Political Event
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No fraud on uneducated locals
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State alleges that investor misled environmental authority with EIA
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Any misrepresentation was “innocent”
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Lack of proper EIA as found by local court does not entail illegality of the investment
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Large-scale renewable energy project in under-developed area leads to arbitration after protests from local populations
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Claimant sees “Political Event” in local demonstrations that derailed the project
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Tribunal sees insufficient outreach by investor
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