Gilatz Spain S.L., Aharon Naftali Biram, Redmill Holdings Ltd., and Sun-Flower Olmeda GmbH v. Spain, ICSID Case No. ARB/16/17

  • >Claimant : Gilatz Spain S,L,, Aharon Naftali Biram, Redmill Holdings Ltd,, Sun-Flower Olmeda GmbH
  • >Nationality : Spain, Germany, UK, Germany
  • >Respondent : Spain
  • >Procedural rules applied : ICSID
  • >Chair : Christopher Greenwood
  • >Arbitrator appointed by Claimant : Thomas Johnson
  • >Arbitrator appointed by Respondent : Marcelo Kohen (Piero Bernardini replaced)
  • >Invoked instruments : ECT
  • >Case status : Award rendered
  • >Year of the award or agreement : 2021
  • >Follow-on proceedings : Pending ICSID annulment proceedings
  • >Year of registration : 2016

  • >Subject matter of the dispute: Legal reforms affecting the renewable energy sector
  • >Amount claimed: EUR 68 million
  • >Amount awarded: EUR 47.3 million
  • >Costs of arbitration: N/A
  • >Award legal costs: N/A
  • >Award costs of arbitration: N/A 

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