2013
RREEF v. Spain RREEF Infrastructure (G.P.) Limited and RREEF Pan-European Infrastructure Two Lux S.à r.l. v. Kingdom of Spain (ICSID Case No. ARB/13/30)
Spain
Luxembourg

United Kingdom
Shareholding in two solar power plants located in Andalucía, Spain.
Claims arising out of a series of energy reforms undertaken by the Government affecting the renewables sector, including a 7 per cent tax on power generators’ revenues and a reduction in subsidies for renewable energy producers.
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Pellet, A.
Volterra, R.
Nikken, P.
Decided in favour of investor
441.00 mln EUR (512.30 mln USD)
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Umbrella clause
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
ICSID annulment proceedings
ICSID annulment proceedings
Pending
None
Boo, L. (President)

Barros Bourie, E. (Member)

Cooper-Rousseau, B. (Member)