Industry: Utilities
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
Chinese consortium brings claim over Cyprus LNG project
A Chinese consortium is pursuing a €200 million claim in a London arbitration against two Cypriot state-owned entities over a delayed project to construct a liquefied natural gas terminal.
21 February 2024
Hyundai unit settles Omani sewage dispute
An Omani engineering company has agreed to settle an ICC dispute with a Hyundai affiliate over delays to a billion-dollar sewage treatment plant in Muscat.
02 June 2023
Madrid utility threatens Colombia over corruption investigation
A publicly owned Madrid water utility has threatened Colombia with an investment treaty claim after its assets were frozen as part of a corruption investigation – a dispute that has already seen the Spanish government intervene.
13 July 2022
Dominican Republic threatens claim against AstraZeneca
The Dominican Republic has warned of a potential arbitration against AstraZeneca over the delayed delivery of covid-19 vaccines, as details emerge of a separate claim by a French investor against the Caribbean state.
20 April 2022
Lithuania’s suit against Veolia thrown out
A court in Vilnius has refused to admit claims brought by the Lithuanian government against French environmental services group Veolia that were originally raised in an intra-EU BIT arbitration at ICSID.
14 February 2022
Lithuanian suit against Veolia can proceed despite ICSID case
Lithuania’s Supreme Court has ruled that the country’s energy ministry is not barred from pursuing a €240 million lawsuit against French environmental services group Veolia in local courts due to a pending ICSID claim, citing European Court of Justice case law on the invalidity of intra-EU BITs.
19 January 2022
Guatemala chases Israeli investor over costs
An UNCITRAL award favouring Guatemala has surfaced as the state applies to collect costs from an Israeli energy company behind a failed US$117 million investment treaty claim.
17 January 2022
Webuild takes decade-old Argentina award to US court
Webuild, the Italian construction group formerly known as Salini Impregilo, has applied to a US court to enforce a US$21.3 million ICSID award that it won against Argentina a decade ago over a terminated water concession.
29 September 2021
Mexican utility alleges corruption after LCIA claim
A Mexican state-owned electric utility facing a US$40 million LCIA claim from a Texas energy company has warned it will pursue civil and criminal proceedings against the claimant, alleging that its contracts were procured through corruption.
21 July 2021