Stadtwerke München GmbH, RWE Innogy GmbH, and others v. Spain, ICSID Case No. ARB/15/1

  • >Claimant : Stadtwerke München GmbH; AS 3 Beteiligungs GmbH; Andasol 3 Kraftwerks GmbH; Andasol Fonds GmbH & Co. KG; Ferranda GmbH; Ferrostaal Industrial Projects GmbH; RWE Innogy GmbH; RheinEnergie AG; Marquesado Solar S.L.
  • >Nationality : Germany, Germany, Germany, Germany, Germany, Germany, Germany, Germany, Spain
  • >Respondent : Spain
  • >Procedural rules applied : ICSID
  • >Chair : Jeswald Salacuse
  • >Arbitrator appointed by Claimant : Kaj Hobér
  • >Arbitrator appointed by Respondent : Zachary Douglas
  • >Invoked instruments : ECT
  • >Articles mentioned : Article 21 (1)
  • , Article 27 (3)
  • , Article 26 (1)
  • , Article 26 (2)
  • , Article 26 (3)
  • , Article 26 (4)
  • , Article 26 (6)
  • , Article 26 (7)
  • , Article 21 (7)
  • , Article 21 (5)
  • , Article 21 (4)
  • , Article 21 (3)
  • , Article 21 (2)
  • , Article 10 (8)
  • , Article 10 (7)
  • , Article 10 (2)
  • , Article 10 (1)
  • , Article 6 (1)
  • , Article 1 (2)
  • , Article 1 (3)
  • , Article 1 (7)
  • , Article 1 (10)
  • , Article 2
  • , Article 10
  • , Article 16
  • , Article 19
  • , Article 21
  • , Article 25
  • , Article 26
  • , Article 50
  • >Breaches alleged :  
  • >Breaches found : No breach
  • >Case status : Award rendered
  • >Year of the award or agreement : 2019
  • >Follow-on proceedings : Pending ICSID annulment proceedings
  • >Year of registration : 2015

  • >Subject matter of the dispute: Legal reforms affecting the renewable energy sector
  • >Amount claimed: EUR 423 million
  • >Amount awarded: ZERO
  • >Costs of arbitration: USD 869,404.53
  • >Award legal costs: Respondent was awarded EUR 2,396,728.88 (83.33% of legal costs)
  • >Award costs of arbitration: Claimants bear their own share of costs of arbitration and 83.33% of the respondent's share

 

ARBITRAL DECISIONS

2 December 2019 

Award

2 December 2019 

Dissenting Opinion of Professor Kaj Hobér


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