Warning! Javascript is disabled. Please enable javascript for a completly functioning application.

2012
Charanne and Construction Investments v. Spain Charanne B.V. and Construction Investments S.a.r.l. v. Spain (SCC Case No. 062/2012)
Nationality of the parties
Spain
Luxembourg

Netherlands
Summary of matters at issue
Shareholding of 18.66% (by Charanne) and 2.89% (by Construction Investments) in T-Solar Global S.A., a Spanish solar power plant.
Claims arising out of a series of energy reforms undertaken by the Government affecting the renewables sector, including a 7 per cent tax on power generators’ revenues and a reduction in subsidies for renewable energy producers.
Economic sector and subsector
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
Arbitral rules and administering institution
SCC (Stockholm Chamber of Commerce)
SCC (Stockholm Chamber of Commerce)
Composition of tribunal
Mourre, A.
Tawil, G. S.
von Wobeser, C.
Status/Outcome of original proceedings
Decided in favour of State
Amount of compensation
17.00 mln EUR (22.00 mln USD)
Data not available
IIA breaches alleged/found
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Indirect expropriation

Other
None - all claims dismissed at the merits stage
Follow-on proceedings
None
Link to Italaw's case page