Spain faces more payouts over solar reforms
Solar panels
An ICSID tribunal has ordered Spain to pay €42 million to a Luxembourgish subsidiary of US private equity firm First Reserve after holding the state liable for changes to its subsidy regime for renewable energy, as a damages award is rendered in a separate case over the same measures.
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now