2016
Sun Reserve v. Italy Sun Reserve Luxco Holdings SRL v. Italy (SCC Case No. 132/2016)
Italy
Luxembourg
Ownership of nine photovoltaic plants in Italy.
Claims arising out of a series of governmental decrees to cut tariff incentives for some solar power projects.
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
SCC (Stockholm Chamber of Commerce)
SCC (Stockholm Chamber of Commerce)
van den Berg, A. J.
Sachs, K.
Giardina, A.
Decided in favour of State
40.90 mln EUR (44.20 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
None - all claims dismissed at the merits stage
None