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Sun Reserve Luxco Holdings S.à.r.l., Sun Reserve Luxco Holdings II S.à.r.l. and Sun Reserve Luxco Holdings III S.à.r.l. v. Italy, SCC Case No. 132/2016

  • >Claimant : Sun Reserve Luxco Holdings S.à.r.l.; Sun Reserve Luxco Holdings II S.à.r.l.; Sun Reserve Luxco Holdings III S.à.r.l.
  • >Nationality : Luxembourg, Luxembourg, Luxembourg
  • >Respondent : Italy
  • >Procedural rules applied : SCC
  • >Chair : Albert Jan van den Berg
  • >Arbitrator appointed by Claimant : Klaus Sachs
  • >Arbitrator appointed by Respondent : Andrea Giardina
  • >Invoked instruments : ECT
  • >Articles mentioned : Article 47 (3)
  • , Article 36 (7)
  • , Article 26 (1)
  • , Article 26 (2)
  • , Article 26 (3)
  • , Article 26 (4)
  • , Article 26 (6)
  • , Article 24 (4)
  • , Article 21 (7)
  • , Article 21 (5)
  • , Article 21 (3)
  • , Article 21 (1)
  • , Article 10 (1)
  • , Article 1 (2)
  • , Article 1 (3)
  • , Article 1 (6)
  • , Article 1 (8)
  • , Article 1 (10)
  • , Article 2
  • , Article 16
  • , Article 21
  • , Article 25
  • , Article 26
  • , Article 42
  • , Article 46
  • , Article 50
  • >Breaches alleged :  
  • >Breaches found : No breach
  • >Case status : Award rendered
  • >Year of the award or agreement : 2020
  • >Year of registration : 2016

  • >Subject matter of the dispute: Legal reforms affecting the renewable energy sector
  • >Amount claimed: EUR 40.89 million
  • >Amount awarded: ZERO
  • >Costs of arbitration: EUR 393,169.44
  • >Award legal costs: Respondent was awarded EUR 990,000 (75% of legal costs)
  • >Award costs of arbitration: Costs follow the award

 

ARBITRAL DECISION

25 March 2020 

Final Award


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