Belenergia S.A. v. Italy, ICSID Case No. ARB/15/40

  • >Claimant : Belenergia S.A.
  • >Nationality : Luxemburg
  • >Respondent : Italy
  • >Procedural rules applied : ICSID
  • >Chair : Yves Derains
  • >Arbitrator appointed by Claimant : Bernard Hanotiau
  • >Arbitrator appointed by Respondent : Jose Carlos Fernandez Rozas
  • >Invoked instruments : ECT
  • >Articles mentioned : Article 26 (1)
  • , Article 26 (2)
  • , Article 26 (3)
  • , Article 26 (4)
  • , Article 26 (6)
  • , Article 24 (4)
  • , Article 21 (7)
  • , Article 17 (1)
  • , Article 10 (4)
  • , Article 10 (3)
  • , Article 10 (2)
  • , Article 10 (1)
  • , Article 1 (2)
  • , Article 1 (3)
  • , Article 1 (8)
  • , Article 1 (10)
  • , Article 2
  • , Article 16
  • , Article 21
  • , Article 25
  • , Article 26
  • , Article 46
  • >Breaches alleged :  
    • (10.2)-(10.3) Discriminatory measures
  • >Breaches found : No breach
  • >Case status : Award rendered
  • >Year of the award or agreement : 2019
  • >Year of registration : 2015

  • >Subject matter of the dispute: Legal reforms affecting the renewable energy sector
  • >Amount claimed: EUR 19.2 million
  • >Amount awarded: ZERO
  • >Costs of arbitration: USD 652,254.1
  • >Award legal costs: Each party bears its own legal costs  
  • >Award costs of arbitration: Parties share costs equally

 

ARBITRAL DECISION 

28 August 2019

Award


Back