CEF Energia B.V. v. Italy, SCC Case No. 158/2015


  • >Subject matter of the dispute: Legal reforms affecting the renewable energy sector
  • >Amount claimed: EUR 10.3 million
  • >Amount awarded: EUR 9.6 million
  • >Valuation method: income-based approach (discounted cash flow)
  • >Interest rate: LIBOR (12-month) + 2%
  • >Costs of arbitration: EUR 589 276.07
  • >Award legal costs: Claimant was awarded EUR 900,000
  • >Award costs of arbitration: Respondent bears its own share of costs of arbitration and EUR 100,000 of the the claimant's share

 

ARBITRAL DECISION

16 January 2019

Award

 

ANNULLMENT PROCEEDINGS


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