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UPDATED: A Colombian public utility is seeking US$1.6 billion from a Spanish insurer following the collapse of a hydroelectric dam which caused a major flood, while another billion-dollar dispute with the consortiums behind the project has also gone to arbitration.
18 January 2021
Ukraine’s national nuclear energy company has instructed counsel as it prepares to file a US$100 million treaty claim against Russia over the expropriation of a wind farm in Crimea.
06 January 2021
Before the holiday break, ICSID saw another solar award rendered against Spain, a stay lifted in another renewables case, a new €100 million claim against Albania and the settlement of a US$500 million claim against Uzbekistan.
04 January 2021
A court in Vienna has enforced a €110 million ICSID award against Albania won by Francesco Becchetti and other Italian investors in the country’s media and hydroelectric sectors.
02 December 2020
One of Thailand's largest commercial banks has failed to knock out part of a UK fraud litigation in which it is accused of conspiring to steal US$2 billion worth of wind energy assets and frustrate enforcement of a US$700 million ICC award.
26 November 2020
A third renewables investor is bringing an UNCITRAL claim against Argentina’s electricity market manager at the Permanent Court of Arbitration.
17 November 2020
Spain has once again failed to persuade a Swedish court to refer questions about the Energy Charter Treaty to the European Court of Justice before deciding whether to set aside an award in favour of renewables investors.
06 November 2020
Japanese conglomerate Mitsui & Co has filed a new ICSID claim against Spain over a €260 million solar power project – alleging that the state's new renewables incentives regime is a breach of the Energy Charter Treaty.
04 November 2020
Argentina’s electricity market manager is facing a second claim at the Permanent Court of Arbitration filed by an investor in a World Bank-sponsored renewables incentives programme.
20 October 2020
South Korea’s largest energy producer is counterclaiming for US$880 million in two pending ICC arbitrations relating to technology licences – accusing the US fuel cell manufacturer that filed the cases of fraud and breach of contract.
19 October 2020
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