Energy companies bring arbitration claim against Spain

12 January 2015
Author: JHA

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)

JHA in the Media | Arbitration | | Energy Charter Treaty | | ICSID | | RWE Innogy GmbH | | Spain | | Stadtwerke München GmbH |

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