Spain


NextEra Energy wins dispute against Spain
The ICSID ruled against Spain in a case brought by NextEra Energy Inc regarding the US utility’s lost investments in two 49.9-MW concentrated solar power plants.
UFG denies reaching settlement agreement with Egypt
The Spanish Union Fenosa Gas (UFG) denies media reports that any settlement has been reached with Egypt in regard to the $2 billion dispute about the gas supply to the Damietta Liquefied Natural Gas plant.
Government negotiations to bring down Egypt’s $2bn fine for Unión Fenosa
Compensation of partners to stop pumping of gas to Damietta LNG Plant with part of revenue.
Arbitration against the Kingdom of Spain: final award
The net award for Athena Investments amounts to approx. EUR 11M.
Sacyr files new case against Panama
Spanish construction firm Sacyr has launched arbitration proceedings claim against the Panamanian state before the United Nations Commission on International Trade Law (UNCITRAL).
APM Terminals could file case against Guatemala
APM Terminals, the Spanish subsidiary of Danish company Maersk group, has informed the Guatemalan government of its intention to start arbitration proceedings over a ruling that voids its concession contract to operate a container terminal in Quetzal.
ICSID condemns Egypt to pay €1,735 million to Naturgy and ENI for a gas plant
The Spanish group will seek an agreement with the country to recover normality at the Damietta plant.
Spain sued over Popular resolution
Mexican billionaire Antonio del Valle has launched actions against the Spanish government for its role in the process of putting Banco Popular into resolution and subsequent sale for €1 to Santander.
Luxembourg fund awarded EUR 53.3 million for FET breach arising out of Spain’s curtailment of renewable energy incentive schemes
An arbitration tribunal found that Spain’s electricity reforms breached its obligation to accord to the investor fair and equitable treatment under the Energy Charter Treaty
Enagás demands an arbitration against Peru before ICSID
Enagás has requested a proceeding before the ICSID against the Peruvian state after negotiating for six months without success to reach a friendly agreement in relation to the company's investment in the Peruvian South Gas Management Project.