Spain loses its 1st renewable energy case in international courts

05/10/2017

Spain has lost its first international court case regarding cuts to renewable energy payments. The International Centre for Settlement of Investment Disputes (ICSID) has given a ruling partially in favor of Eiser Infrastructure Ltd., Solar Energy Luxembourg, which invested in thee CSP plants, and ordered the Spanish state to pay $140 million plus interest, according to a press release by the Minister of Energy.

https://www.pv-magazine.com/2017/05/05/spain-loses-its-first-renewable-energy-case-in-international-courts/