Cementownia v. Turkey (I) Cementownia “Nowa Huta” S.A. v. Republic of Turkey (I) (ICSID Case No. ARB(AF)/06/2)
Shareholding in two Turkish hydroelectric companies, Cukurova Elektrik A.S. and Kepez Elektrik Türk A.S., that had concluded concession agreements with the Government for the generation, transmission, distribution and marketing of electricity.
Claims arising out of the alleged unilateral termination of certain concession agreements by the Turkish government, followed by the alleged seizure and expropriation of assets of the two hydroelectric plants in which the claimant had invested without compensation.
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
ICSID AF (ICSID Additional Facility)
ICSID (International Centre for Settlement of Investment Disputes)
Tercier, P.
Lalonde, M.
Thomas, J. C.
Decided in favour of State
4648.00 mln USD
Data not available
Direct expropriation

Full protection and security, or similar

Arbitrary, unreasonable and/or discriminatory measures
None - jurisdiction declined