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Law360 (August 20, 2018, 7:41 PM EDT) — A Colorado federal court entered a more than $5 million default judgment against New World Renewable Energy Leasing Inc. and Infinergy Solar & Wind Inc. on Monday, directing the Texas solar power developers to pay damages and penalties stemming from the government’s allegations that they submitted false claims under an energy investment program.

The judgment comes after U.S. District Judge Raymond P. Moore in late July adopted a magistrate judge’s recommendation that New World and Infinergy be hit with a default judgment after failing to defend…

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