Alpiq AG v. Romania, ICSID Case No. ARB/14/28

  • >Claimant :  Alpiq AG
  • >Nationality : Switzerland
  • >Respondent : Romania
  • >Procedural rules applied : ICSID
  • >Chair : Eduardo Silva Romero
  • >Arbitrator appointed by Claimant : Klaus Michael Sachs
  • >Arbitrator appointed by Respondent : Mark Clodfelter
  • >Invoked instruments : ECT and BIT
  • >Case status : Award rendered
  • >Year of the award or agreement : 2018
  • >Follow-on proceedings : Pending ICSID rectification proceedings
  • >Year of registration : 2014

  • > Subject matter of the dispute: Claims arising out of the Government's cancellation of two long-term energy delivery contracts concluded between claimant's local subsidiaries and state-owned electricity utility Hidroelectrica, after the latter was declared insolvent
  • >BIT Invoked: Romania-Switzerland BIT
  • >Amount claimed: N/A
  • >Amount awarded: N/A
  • >Costs of arbitration: N/A
  • >Award legal costs: N/A
  • >Award costs of arbitration : N/A

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