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2018
LSG Building Solutions and others v. Romania Anina Pro Invest Ltd, Core Value Capital GmbH, Core Value Investments GmbH & Co KG Gamma and others v. Romania (ICSID Case No. ARB/18/19)
Nationality of the parties
Romania
Austria

Cyprus

Germany

Netherlands
Summary of matters at issue
Interest in a photovoltaic power plant located in Romania’s Giurgiu region.
Claims arising out of certain changes to Romania’s incentive scheme for investments in the renewable energy sector.
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
Data not available
Status/Outcome of original proceedings
Pending
Decisions rendered
None
Amount of compensation
250.00 mln USD
Data not available
IIA breaches alleged/found
Data not available
Pending
Follow-on proceedings
None
Link to Italaw's case page