The PCA served as registry and provided administrative support in this arbitration, which was conducted under the UNCITRAL Arbitration Rules of 2010.
Case information
Name(s) of Claimant(s)
Mercurio Solar S.à r.l (Private entity ) Tyche Solar S.à r.l (Private entity ) Ampere Equity Fund B.V. (Private entity ) Element Power Holdings B.V. (Private entity ) MEIF Luxembourg Renewables S.à r.l (Private entity ) Impax Solar Investment S.à r.l (Private entity ) Impax New Energy Investors S.C.A. (Private entity ) WOC Photovoltaik Portfolio GmbH &Co. KG (Private entity ) NIBC European Infrastructure Fund I C.V. (Private entity ) Equitix Innova Infrastructure Investments Holding I B.V. (formerly, NEIF Infrastructure Investments Holding I B.V.) (Private entity ) Alesund, Christiansund S.à r.l. & Cie S.C.A. (formerly, Werec I & Christiansund S.à.r.l. S.C.A.) (Private entity ) Shulaya, Trier SG S.à r.l. & Cie S.C.A. (formerly, Werec II & Trier SG S.à.r.l. S.C.A.) (Private entity ) ASE C.V. (Private entity ) AES Solar Energy Coöperatief U.A. (Private entity ) Silver Ridge Power Holdings B.V. (formerly, AES Solar Energy Holdings B.V.) (Private entity ) Silver Ridge Power B.V. (formerly, AES Solar Energy B.V.) (Private entity ) Vela Energy Power España I B.V. (formerly, AES Solar España I B.V.) (Private entity ) Vela Energy Power España II B.V. (formerly, AES Solar España II B.V.) (Private entity ) Eoxis B.V. (Private entity ) Eoxis Holding S.A. (Private entity ) MPC Solarpark GmbH & Co. KG (Private entity ) Ceconat Energy GmbH (Private entity ) REI Renewable Energy International, S.à r.l. (Private entity ) Roland Schumann (Private entity ) InfraClass Energie 4 GmbH & Co. KG (Private entity ) ESPF Beteiligungs GmbH (Private entity )
Name(s) of Respondent(s)
The Kingdom of Spain (State)
Names of Parties
-
Case number
2012-14
Administering institution
Permanent Court of Arbitration (PCA)
Case status
Concluded
Type of case
Investment arbitration
Subject matter or economic sector
Electricity/Power
Procedural rules
UNCITRAL Arbitration Rules 2010
Treaty or contract under which proceedings were commenced
Multilateral treaty Energy Charter Treaty (ECT)
Language of Proceeding
English Spanish
Seat of Arbitration (by Country)
Switzerland
Arbitrator(s), Conciliator(s), Other Neutral(s)
Prof. Gabrielle Kaufmann-Kohler, Presiding Arbitrator The Hon. Charles N. Brower, Arbitrator Judge Bernardo Sepúlveda-Amor, Arbitrator
Representatives of the Claimant(s)
From ALLEN & OVERY LLP: Ms. Marie Stoyanov Mr. Antonio Vázquez-Guillén Mr. Antonio Jiménez-Blanco Mr. David Ingle Mr. Tomasz Hara Mr. Pablo Torres Ms. Carmen de la Hera From GIBSON DUNN & CRUTCHER LLP: Mr. Jeffrey Sullivan
Representatives of the Respondent(s)
From the ABOGACÍA DEL ESTADO: Mr. José Manuel Gutiérrez Delgado Mr. Pablo Elena Abad Mr. Antolín Fernandez Antuña Mr. Roberto Fernández Castilla. Ms.Patricia Froehlingsdorf Nicolás Ms. María del Socorro Garrido Moreno Mr. Rafael Gil Nievas Mr. José Luis Gómara Hernández Ms. Elena Oñoro Sáinz Ms. Amaia Rivas Kortazar Mr. Mariano Rojo Pérez Ms. María José Ruiz Sánchez Mr. Diego Santacruz Descartín Mr. Francisco de la Torre Díaz Mr. Alberto Torró Molés Mr. Luis Vacas Chalfoun From HERBERT SMITH FREEHILLS LLP: Mr. Eduardo Soler-Tappa Mr. Christian Leathley Ms. Florencia Villaggi Mr. Jaime De San Román Ms. Beverly Timmins Ms. Mélissa Sanchez
Representatives of the Parties
Number of Arbitrators in case
3
Date of commencement of proceeding
2012
Date of issue of final award
28 February 2020
Length of Proceedings
-
Additional notes
-
Documents
Award or other decision
Final Award (ENG) encl. concurring and dissenting opinion