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2013
EVN v. Bulgaria EVN AG v. Republic of Bulgaria (ICSID Case No. ARB/13/17)
Nationality of the parties
Bulgaria
Austria
Summary of matters at issue
Majority shareholding (67 per cent) in two Bulgarian-based electricity and supply companies.
Claims arising out of alleged actions by Bulgarian regulatory authorities and government agencies in relation to the pricing of electricity and compensation for public obligations in respect to renewable energy.
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
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Composition of tribunal
Veeder, V. V.
Price, D. M.
Dupuy, P.-M.
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
Data not available
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page