Work Area: Renewable energy

A Swiss investor has threatened Romania with a treaty claim, saying its interest in a now-bankrupt road infrastructure company was destroyed by tax decisions and asset seizures imposed by the state authorities. 

16 April 2025

Austrian engineering group Strabag has moved to enforce the first known investment treaty award against Germany, which requires the state to pay €334 million over regulatory changes that affected wind projects in the North Sea.

07 April 2025

The European Commission has declared that an ICSID award ordering Spain to pay €101 million plus interest to investors for changes to renewable energy subsidies constitutes illegal state aid. 

24 March 2025

An ICSID tribunal has reportedly ruled in favour of a wind power investor in a €183 million Energy Charter Treaty claim against Romania over cuts to the state’s renewable energy incentive scheme.

19 March 2025

Guyana and a US-Puerto Rican contractor have agreed to send their dispute over the delayed construction of a US$759 million power plant to ICC arbitration.

07 March 2025

A Chinese state-owned power company has filed a US$555 million SIAC claim against a Lao electric utility over unpaid revenue from a Belt and Road hydropower project.

06 March 2025

A Swiss court has reportedly ordered the seizure of a historic building in Zurich owned by the Italian state, at the request of German and Austrian investment funds seeking to collect on an Energy Charter Treaty award now worth over €28 million. 

05 March 2025

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

In a long-awaited development, signatories to the Energy Charter Treaty have voted to adopt a modernised version of the 1994 treaty, including changes to its investment protection and dispute settlement provisions. 

04 December 2024

A US appeals court has refused Spain’s request for a rehearing of its challenge to the enforcement of Energy Charter Treaty awards worth a combined €360 million plus interest in favour of renewable energy investors. 

04 December 2024