litigation
confidence high
sentiment negative
materiality 0.75
Greenidge files TRO to keep Dresden NY plant running during air permit challenge
Greenidge Generation Holdings Inc.
- Filed Article 78 petition on Aug 15 against NYSDEC over denial of Title V Air Permit renewal for Dresden facility.
- On Aug 20, filed temporary restraining order motion to continue operations during proceeding.
- Decision on TRO request expected in the coming days.
- Permit denial threatens operations of bitcoin mining and power generation facility.
- Company seeks declaratory and injunctive relief against NYSDEC's denial.