ISDS Case Map
Spain
Berkeley said it also believes the rejection is not legal as it infringed on its rights under an international agreement known as the Energy Charter Treaty.
The claimants alleged that Spain had induced foreign investment in renewable energy sources, and then subsequent changes to the regulatory scheme had fundamentally altered and abolished the framework.
Six months after Algeria cut ties with Spain following the dispute over Western Sahara, trade between the two countries remains paralyzed, much to the dismay of the worst-hit companies.
Berkeley Energia Ltd. sent a written notification of an investment dispute to the Spanish government following the rejection of its application to construct a uranium-concentrate plant as a radioactive facility at its Salamanca project in November 2021
Spain has initiated proceedings to withdraw from the Energy Charter Treaty, signed by 53 countries and in force since 1998, designed to protect foreign investment in energy infrastructure.
Uruguayan Foreign Minister Francisco Bustillo is off on a European tour seeking to advance in the signing of the Mercosur-European Union agreement.
After almost two months, Algeria has ended trade restrictions with Spain. This decision eases the current crisis between Algiers and Madrid, triggered by Spain's turnaround on the Sahara.
Spain’s recognition of the autonomy plan for Western Sahara proposed by Morocco has escalated diplomatic tensions between Spain and Algeria.
In a award, made in Green Power Partners K/S and SCE Solar Don Benito APS v Spain, a tribunal unanimously denied its jurisdiction over an intra-EU investment dispute arising under the Energy Charter Treaty.
Spain has been a major importer of Nigerian crude oil, and Nigeria’s exports to Spain stood at $4.8billion in 2020 whilst Spain’s exports to Nigeria increased from $97.2 million in 1995 to $517million in 2020
