Eiser Infrastructure Limited and Energia Solar Luxembourg S.a r.l. v. Spain, ICSID Case No. ARB/13/36

  • >Claimant : Eiser Infrastructure Limited, Energia Solar Luxembourg S.a r.l.
  • >Nationality : UK, Luxembourg
  • >Respondent : Spain
  • >Procedural rules applied : ICSID
  • >Chair : John Crook
  • >Arbitrator appointed by Claimant : Stanimir Alexandrov
  • >Arbitrator appointed by Respondent : Campbell McLachlan
  • >Invoked instruments : ECT
  • >Articles mentioned : Article 21 (1)
  • , Article 36 (7)
  • , Article 21 (7)
  • , Article 19 (1)
  • , Article 16 (2)
  • , Article 10 (1)
  • , Article 1 (2)
  • , Article 1 (3)
  • , Article 1 (6)
  • , Article 1 (7)
  • , Article 2
  • , Article 13
  • , Article 25
  • , Article 26
  • >Breaches alleged :  
  • >Breaches found :(10.1) Fair & Equitable Treatment
  • >Case status : Award rendered
  • >Year of the award or agreement : 2017
  • >Follow-on proceedings : Pending ICSID annulment proceedings
  • >Year of registration : 2013

  • >Subject matter of the dispute: Legal reforms affecting the renewable energy sector
  • >Amount claimed: 298 million EUR
  • >Amount awarded: 128 million EUR + interest
  • >Costs of arbitration: 956.159,58 EUR
  • >Award legal cost: Each party bears its own legal costs
  • >Award costs of arbitration: Parties share costs equally

 

ARBITRAL DECISION

 

4 May 2017

Arbitral Award (ENG - SPA)


ENFORCEMENT PROCEEDINGS


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