Majority SCC tribunal rejects ECT renewable energy claims against Spain | Practical Law

Majority SCC tribunal rejects ECT renewable energy claims against Spain | Practical Law

In Charanne BV and Construction Investments SARL v The Kingdom of Spain (Arbitration No: 062/2012) (SCC Award), a tribunal considered whether it had jurisdiction to hear claims under the Energy Charter Treaty (ECT) against Spain and, in particular, whether Spain breached the fair and equitable treatment provision in the ECT by enacting two royal decrees in 2010 amending the legal framework of its solar energy sector.

Majority SCC tribunal rejects ECT renewable energy claims against Spain

Practical Law UK Legal Update Case Report 3-622-6402 (Approx. 9 pages)

Majority SCC tribunal rejects ECT renewable energy claims against Spain

Published on 03 Feb 2016International
In Charanne BV and Construction Investments SARL v The Kingdom of Spain (Arbitration No: 062/2012) (SCC Award), a tribunal considered whether it had jurisdiction to hear claims under the Energy Charter Treaty (ECT) against Spain and, in particular, whether Spain breached the fair and equitable treatment provision in the ECT by enacting two royal decrees in 2010 amending the legal framework of its solar energy sector.