I.C.W. v. Czechia I.C.W. Europe Investments Limited v. The Czech Republic (PCA Case No. 2014-22)
United Kingdom
Sole shareholding in a Czech special purpose vehicle, Hutira FVE-Omice a.s., which owned and operated a solar plant in South Moravia.
Claims arising out of amendments to the pre-existing incentive regime for the renewable energy sector, including the introduction of a levy on electricity generated from solar power plants.
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
PCA (Permanent Court of Arbitration)
van Houtte, H.
Bishop, D. (replaced)
Landau, T.
Born, G. B. (replaced)
Beechey, J.
Decided in favour of State
39.20 mln CZK (1.70 mln USD)
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Full protection and security, or similar

Arbitrary, unreasonable and/or discriminatory measures
None - all claims dismissed at the merits stage