2016
Cordoba Beheer and others v. Spain
Cordoba Beheer B.V., Cross Retail S.L., Sevilla Beheer B.V., Spanish project companies v. Kingdom of Spain
(ICSID Case No. ARB/16/27)
Spain
Netherlands
Investments in a renewable energy generation enterprise.
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)
Fathallah, R.
Dolzer, R. (replaced)
Tanzi, A. M.
Cameron, P. D.
Decision on Reconsideration dated 11 August 2022
20.50 mln EUR (23.80 mln USD)
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
Arbitrary, unreasonable and/or discriminatory measures
Umbrella clause
Arbitrary, unreasonable and/or discriminatory measures
Umbrella clause
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims
https://icsid.worldbank.org/en/Pages/cases/casedetail.aspx?CaseNo=ARB/16/27
http://www.energycharter.org/what-we-do/dispute-settlement/investment-dispute-settlement-cases/98-sevilla-beheer-bv-and-others-v-spain/
https://www.iareporter.com/articles/fathallah-chosen-to-chair-investor-claim-against-spain/ (requires subscription)
https://www.ecestaticos.com/file/d88ce7a07265dbf8d809b453b848f239/1514204320-186-881-tribunals-arbitratge.pdf
http://www.energycharter.org/what-we-do/dispute-settlement/investment-dispute-settlement-cases/98-sevilla-beheer-bv-and-others-v-spain/
https://www.iareporter.com/articles/fathallah-chosen-to-chair-investor-claim-against-spain/ (requires subscription)
https://www.ecestaticos.com/file/d88ce7a07265dbf8d809b453b848f239/1514204320-186-881-tribunals-arbitratge.pdf