bilaterals.org logo
bilaterals.org logo

Spain


In a new ICSID award, Spain’s reforms of the renewable energy sector are found not to violate the ECT
The claimants initiated ICSID arbitration against Spain, claiming breaches of the Energy Charter Treaty, including the fair and equitable treatment, umbrella and non-impairment clauses.
Spain pushes for prioritising services in EU-UK deal
Spain called for the inclusion of services in the first phase of EU-UK negotiations on the future relationship, adding more complexity to trade talks.
Investors still waging war with Spain over retroactive cuts
Spain has offered an olive branch in its long-running legal battle with renewables developers. But the fight isn’t over yet.
Spain is ordered to pay damages of EUR 290.6 million in NextEra renewable energy case
An ICSID tribunal ordered Spain to pay two Dutch investors EUR 290.6 million in compensation for its breach of the FET standard under ECT
Spain offers green energy investors incentives to drop lawsuits
The government will offer subsidies which will allow investors that abandon litigation to maintain their current profitability rate of 7.39% until 2031.
Spain held liable for breach of FET under the ECT for frustrating legitimate expectations of 9REN, a Luxembourg-based renewable energy investor
An ICSID tribunal held that Spain violated Fair and Equitable Treatment under the Energy Charter Treaty.
Hungría torpedea a España en los arbitrajes renovables al aliarse con los fondos en EEUU
Una empresa estatal húngara se persona en los pleitos en Washington como aliada de los demandantes. Quiere mantener la jurisdicción del Banco Mundial frente al Tribunal de la UE.
Trade and investment treaties aggravate the climate crisis
The campaign ‘No to trade and investment treaties’ has called on citizens to join the mobilizations planned for next September 27 in the different cities of Spain.
Solar Wars Part X: The force is strong with investors
These recent awards indicate that investors now have the upper hand in their ECT claims against EU states.
Spain loses another dispute over premium cuts on renewables
Spain will have to pay EUR 41 million to German solar investor SolEs Badajoz GmbH for retroactively cutting long-term premiums for renewable energy projects.
International arbitration newsletter - July 2019 | Regional overview: Europe
Albania, European Union, Georgia, Italy, Slovenia, Spain
The Spanish juice industry is threatened by Mercosur
The Union of Unions of Agricultural Producers and Ranchers has expressed its concern to the Cabinet of the Commissioner of Commerce of the European Commission about the signing of trade agreements with third countries. It has done so by presenting two reports, one on the active materials banned in the EU which are allowed in third countries, and another on the impact of Mercosur.
NextEra Energy wins dispute against Spain
The ICSID ruled against Spain in a case brought by NextEra Energy Inc regarding the US utility’s lost investments in two 49.9-MW concentrated solar power plants.
UFG denies reaching settlement agreement with Egypt
The Spanish Union Fenosa Gas (UFG) denies media reports that any settlement has been reached with Egypt in regard to the $2 billion dispute about the gas supply to the Damietta Liquefied Natural Gas plant.
Government negotiations to bring down Egypt’s $2bn fine for Unión Fenosa
Compensation of partners to stop pumping of gas to Damietta LNG Plant with part of revenue.
Arbitration against the Kingdom of Spain: final award
The net award for Athena Investments amounts to approx. EUR 11M.
Sacyr files new case against Panama
Spanish construction firm Sacyr has launched arbitration proceedings claim against the Panamanian state before the United Nations Commission on International Trade Law (UNCITRAL).
APM Terminals could file case against Guatemala
APM Terminals, the Spanish subsidiary of Danish company Maersk group, has informed the Guatemalan government of its intention to start arbitration proceedings over a ruling that voids its concession contract to operate a container terminal in Quetzal.
ICSID condemns Egypt to pay €1,735 million to Naturgy and ENI for a gas plant
The Spanish group will seek an agreement with the country to recover normality at the Damietta plant.
Spain sued over Popular resolution
Mexican billionaire Antonio del Valle has launched actions against the Spanish government for its role in the process of putting Banco Popular into resolution and subsequent sale for €1 to Santander.