PDF Statistics

Updated on 18 December 2019

Number of Investment Disputes under the ECT: 128 Cases

Procedural Rules Applied: 128 Cases

 

Respondents: 128 Cases

Nationality of Claimants: 128 Cases*

* In one case, nationalities of 15 claimants are unknown;
In case of double nationality of a claimant, both nationalities are taken into account;
A case may be instituted by more than one claimant.

Intra-EU and Cases with Third Countries

*Cases with mixed claimants (from the EU and third States) are included in both categories.

Status of Investment Disputes under the ECT: 128 Cases

Outcome of final awards (60), including (4) settlement agreements embodied in an award

Damages Claimed vs Awarded

  Claim Award Ratio
Nykomb v. Latvia (16 December 2003) LVL 7.097.680 LVL 1.600.000 23%
Petrobart v. Kyrgyzstan (29 March 2005) USD 4.084.652 USD 1.130.859 27,7%
EDF International S.A. v. Hungary (4 December 2014) estim. USD 100.000.000 estim. EUR 107.000.000 estim. 107%
Kardassopoulos v. Georgia (3 March 2010) USD 350.000.000 USD 30.200.000 8,63%
Energoalliance v. Moldova (8 July 2010) MDL 243.577.971,11 MDL 195.547.212 80%
Khan Resources v. Mongolia (10 January 2011) USD 326.000.000 USD 80.000.000 24,5%
Remington v. Ukraine (28 April 2011) USD 36.000.000 USD 4.500.000 12,5%
Ascom v. Kazakhstan (19 December 2013) USD 2.600.000.000 USD 497.685.101 20%
Yukos Universal Ltd v. Russian Federation (18 July 2014)
Hulley Enterprises Ltd. v. Russian Federation (18 July 2014)
Veteran Petroleum Trust v. Russian Federation (18 July 2014)
USD 114.174.000.000 USD 50.020.000.000 43,8%
Eiser v. Spain (4 May 2017) EUR 298.000.000 EUR 128.000.000 43%
Aktau Petrol Ticaret A.S. v. Kazakhstan (13 November 2017) USD 80.000.000 USD 22.700.000 28,4%
Novenergia v. Spain (15 February 2018) EUR 61.300.000 EUR 53.300.000 86,9%
Masdar Solar & Wind Cooperatief U.A. v. Spain (16 May 2018) EUR 260.000.000 EUR 64.500.000 24,8%
Antin Infrastructure Services Luxembourg S.à.r.l. and Antin Energia Termosolar B.V. v. Spain (15 June 2018) EUR 238.000.000 EUR 112.000.000 47%
Greentech Energy System A/S, Foresight Luxembourg Solar 1 S.A.R.L., Foresight Luxembourg Solar 2 S.A.R.L., GWM Renewable Energy S.P.A,
GWM Renewable Energy 2 S.P.A v. Spain (14 November 2018)
EUR 50.000.000 EUR 39.000.000 78%
Greentech Energy Systems, Novenergia v. Italy (23 December 2018) EUR 25.060.000 EUR 11.900.000 47,5%
CEF Energia BV v. Italy (16 January 2019) EUR 10.300.000 EUR 9.600.000 93,2%
9REN Holding S.a.r.l v. Spain (31 May 2019) EUR 52.200.000 EUR 41.760.000 80%
NextEra Energy Global Holdings B.V., NextEra Energy Spain Holdings B.V. v. Spain (2019) EUR 393.600.000 EUR 290.600.000 73,8%
Cube Energy S.C.A. and others v. Spain (2019) EUR 74.100.000 EUR 33.700.000 45,5%
SolEs Badajoz GmbH v. Spain (2019) EUR 97.700.000 EUR 41.000.000 42%
OperaFund Eco-Invest SICAV PLC, Schwab Holding v. Spain (2019) EUR 42.800.000 EUR 30.000.000 70%
RREEF Infrastructure (G.P.) Limited, RREEF Pan-European Infrastructure Two Lux S.à r.l. v. Spain (2019) EUR 441.000.000 EUR 59.600.000 13,5%

Allocation of Costs of Arbitration Proceedings*

*Based on 52 cases in which such information is publicly available.

Legal Costs*

*Based on 52 cases in which such information is publicly available.

Classification of Claimants/Investors according to Size: 128 Cases*

* Based on Platts Top 250 Global Energy Rankings (assets greater than USD 5 billion)

Classification of Claimants/Investors according to Company Type: 128 Cases

 

Number of Arbitrators per Nationality

Top 21 Arbitrators by the Number of Appointments