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Practitioners have shared their insights with GAR after contracting states to the Energy Charter Treaty agreed to a sweep of “modernisations”, including the withdrawal of protections for fossil fuel investments and amendments to prevent intra-EU claims.
29 June 2022
An ICSID tribunal has reportedly ordered Bosnia and Herzegovina to pay €45 million to a Slovenian investor in an Energy Charter Treaty dispute over a cancelled contract to construct two hydroelectric power plants.
27 June 2022
A subsidiary of a Spanish-British renewables producer has launched the latest in a series of UNCITRAL claims against Argentina’s electricity market manager at the Permanent Court of Arbitration, as another such case is discontinued.
24 June 2022
An ICSID annulment committee has upheld a €60 million renewables award won against Spain by Deutsche Bank-affiliated funds, dismissing arguments the arbitral tribunal wrongly upheld jurisdiction over the intra-EU dispute and should have applied EU state aid law.
16 June 2022
An ICSID annulment committee has upheld a €28 million Energy Charter Treaty award won by a group of UK renewables investors against Spain, dismissing arguments the claimants fraudulently lied about the capacity of their solar facilities to access subsidies.
14 June 2022
A subsidiary of Singaporean conglomerate Keppel has filed a US$126 million ICC claim against the Qatar Public Works Authority over a terminated contract to build a sewage treatment plant in Doha.
01 June 2022
A Berlin court has reportedly refused to declare that an Irish wind power investor’s ICSID claim against Germany under the Energy Charter Treaty is inadmissible because it is an intra-EU dispute.
26 May 2022
Spain has challenged an ICSID tribunal hearing one of the many renewables-related claims it is facing, arguing the arbitrators have shown bias through a series of procedural decisions.
20 May 2022
A divided ICSID tribunal has ordered Spain to pay almost €33 million to a Mexican billionaire’s company over cuts to the state’s renewable energy subsidy regime.
10 May 2022
Romania is facing yet another Energy Charter Treaty claim at ICSID in the wake of cuts to its renewable energy incentives scheme.
04 May 2022
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