Industry: Energy

Philippine grid operator wins billion-dollar SIAC dispute

A tribunal at SIAC has ruled in favour of the Chinese-backed operator of the Philippines' national power grid in a dispute over a billion-dollar concession fee – while rejecting claims that it breached restrictions on foreign ownership.

24 February 2025

Mexican utility settles with Spanish consortium

A Spanish construction consortium says that Mexico’s state-owned electric utility has paid a US$22 million LCIA award over cost overruns at a power plant project – as the utility faces a bid to enforce another award.

14 February 2025

Poland gets ECT award set aside in Sweden

A Swedish court has set aside a Cyprus-registered oil trader’s US$47.6 million Energy Charter Treaty award against Poland, finding it is incompatible with fundamental principles of Swedish and EU law.

04 February 2025

US and Korean partners cool nuclear reactor dispute

A Korean state utility has agreed to settle a multibillion-dollar dispute with its US partner over nuclear reactor technology – as an unrelated arbitration kicks off over a project in the United Arab Emirates.

27 January 2025

Romania defeats renewable energy claim

UPDATED: Romania has defeated an Energy Charter Treaty claim worth at least €256 million brought by a group of European and Asian solar investors over changes to the state's renewables regime.

17 January 2025

Greek solar farm dispute settles

A California renewables company says it has agreed to pay €45 million to settle a dispute over Greek solar power assets that gave rise to arbitration and litigation in Malta, Greece and the US.

14 January 2025

Spanish investor wins claim against Peru over Odebrecht project

A Spanish energy company has won US$194 million in an ICSID case against Peru over a natural gas pipeline project that was cancelled in the wake of the Odebrecht corruption scandal – with a majority of the tribunal rejecting the state’s illegality defence.

02 January 2025