Work Area: Renewable energy

A Swiss court has upheld an ICC award that accepted jurisdiction over claims worth €800 million against Russia’s Rosatom concerning advance payments for work on a Finnish nuclear power plant.

22 November 2024

UPDATED: Three European renewable energy companies have threatened to bring an Energy Charter Treaty claim against the Czech Republic in response to “destructive” proposals to reduce state subsidies for solar photovoltaic plants.

06 November 2024

Finland’s Fortum Oyj says it has settled its €200 million ICC dispute with a Danish manufacturer over Russian wind projects – as Russia instructs counsel in a separate treaty claim lodged by the Finnish state-owned company. 

11 October 2024

An ICSID committee has reportedly refused Spain’s request to annul a €28 million Energy Charter Treaty award won by a German solar investor – as the state seeks to overturn another award issued under the treaty over its renewable energy regime.

01 October 2024

A Delaware entity that was assigned the rights to a €23.5 million ICSID award against Spain relating to renewable energy reforms has won an order for its enforcement in a US court.

27 September 2024

Spain’s state-owned airport operator says an English court has unfrozen assets relating to London’s Luton Airport, which had been targeted by one of the state’s ICSID creditors. 

20 September 2024

After Toby Landau KC told delegates at GAR Live Singapore that the current system of investor-state arbitration was “inherently problematic”, a subsequent panel considered the alternatives – after which not a single member of the audience said they believed the world would be better off without investor-state dispute resolution.

05 September 2024

Finland is facing its first-ever ICSID cases – a pair of Energy Charter Treaty claims brought by investors in the country’s largest electricity distribution network.

27 August 2024

Leading French arbitrator Yves Derains has been disqualified from hearing a Chinese solar panel producer’s ICSID claim against Italy over an alleged issue conflict stemming from his role as arbitrator in an earlier case against the state.

21 August 2024

In a closely watched case, a US appeals court has ruled that district courts have jurisdiction to enforce three intra-EU Energy Charter Treaty awards against Spain – while overturning anti-suit injunctions issued against the state. 

19 August 2024