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RREEF INFRASTRUCTURE (G.P.) LIMITED et al v. KINGDOM OF SPAIN
Case Number:
1:19-cv-03783
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Firms
Government Agencies
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August 01, 2022
Investors Say EU Law Irrelevant In $66M Award Fight
Investors who won a $66.3 million arbitral award over revoked economic incentives for renewable energy projects have changed tack in their arguments, telling a D.C. federal court that EU law is irrelevant to their bid to enforce the award there.
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April 01, 2021
Spain Wins Pause Of $66M Energy Investor Award
A bid to have a D.C. federal court enforce a $66.3 million arbitral award over Spain's revocation of economic incentives for renewable projects has been put on hold in light of a pending appeal before the International Centre for Settlement of Investment Disputes.
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February 01, 2021
EU Says $66M Award Against Spain Can't Stand
The European Commission has backed Spain's attempts to block enforcement of a $66.3 million arbitral award over revoked economic incentives for renewable energy projects, arguing that award was conferred under a treaty that doesn't govern internal EU disputes.
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November 10, 2020
Enforcement Of $70M Spain Award Will Remain On Hold
Spain will not have to put up security as it waits to see whether an annulment committee will nix a $70.4 million arbitral award issued to renewable energy investors, after the committee decided at the same time to keep enforcement of the award on pause.
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June 01, 2020
Spain Says Energy Investors Can't Enforce $66M Award
Spain is urging a D.C. federal court to toss litigation to enforce a $66.3 million arbitral award over revoked economic incentives for renewable energy projects, arguing that the investors who won it are trying to skirt "well-settled" European law.