ICSID - International Centre for Settlement of Investment Disputes

12/05/2019 | Press release | Distributed by Public on 12/05/2019 15:59

InfraRed Environmental Infrastructure GP Limited and others v. Kingdom of Spain (ICSID Case No. ARB/14/12)

  • Subject of Dispute:
    Renewable energy generation enterprise
  • Economic Sector:
    Electric Power & Other Energy
  • Instrument(s) Invoked: i
    ECT (Energy Charter Treaty)
  • Applicable Rules:
    ICSID Convention - Arbitration Rules
  • (a)Original Proceeding
    • Claimant(s)/Nationality(ies): i
      InfraRed Environmental Infrastructure GP Limited (British)
    • Respondent(s):
      Kingdom of Spain (Spanish)
    • Date Registered:
      June 3, 2014
    • Date of Constitution of Tribunal:
      November 26, 2014
      • Party Representatives
      • Claimant(s):

        Cuatrecasas, Gonçalves Pereira, Madrid, Spain

        Respondent(s):

        Abogacía General del Estado, The Ministry of Justice of the Government of Spain, Madrid, Spain

      • Language(s) of Proceeding:
        English,Spanish
      • Status of Proceeding:
        Concluded
      • Outcome of Proceeding:
        August 2, 2019 - The Tribunal renders its award; attached to the award is a partial dissenting opinion by arbitrator Pierre-Marie Dupuy.
  • (b)Annulment Proceeding
    • Applicant(s)/Requesting Party(ies): i
      Respondent(s)
    • Date Registered:
      December 5, 2019 (Respondent(s))
      • Party Representatives
      • Claimant(s):

        Cuatrecasas, Madrid, Spain

        Respondent(s):

        Abogacía General del Estado, The Ministry of Justice of the Government of Spain, Madrid, Spain

      • Language(s) of Proceeding:
        English,Spanish
      • Status of Proceeding:
        Pending
      • Latest Development:
        December 5, 2019 - The Secretary-General registers an application for annulment of the award filed by the Kingdom of Spain and notifies the parties of the provisional stay of enforcement of the award.