litigation
confidence high
sentiment negative
materiality 0.85
Greenidge files lawsuit against NY DEC over denied air permit renewal for Dresden facility
Greenidge Generation Holdings Inc.
- Filed verified petition in NY Supreme Court, Yates County on Aug 15, 2024 against NYSDEC.
- Seeks to annul June 30, 2022 permit denial and May 8, 2024 affirmation by DEC Regional Director.
- Requests declaratory judgments on DEC's interpretation of NY Climate Leadership and Community Protection Act.
- Also seeks injunction to prevent DEC from ordering facility to cease operations.
- Company states it will pursue claims vigorously.