The first case for the International Centre for Settlement of Investment Disputes (ICSID) of 2015 is between a number of major European energy companies and Spain.
The claim by, among others, the German company RWE concerns an investment in Andasol, a solar plant located in southern Spain, in the light of a reduction in subsidies for renewable energy by the Spanish government. The arbitration is taking place under the Energy Charter Treaty.
Stadtwerke München GmbH, RWE Innogy GmbH, and others v Kingdom of Spain (ICSID Case No. ARB/15/1)
