Arbitrators Side With Spain In Renewable Energy Case

Law360, New York (January 25, 2016, 11:38 PM EST) -- The Court of Arbitration of Madrid has tossed a dispute brought against Spain by two foreign investors in a power plant over the country’s 2010 cuts to renewable energy subsidies, Spain’s Ministry of Industry, Energy and Tourism announced Monday.

The arbitrators dismissed the complaint filed by Netherlands-based Charanne BV and Luxembourg's Construction Investments SARL and concluded Jan. 21 that Spain’s policy changes did not violate any legitimate expectation under international law that the country would not eventually alter its system of incentives and subsidies for the industry.

“In fact, the arbitral tribunal notes that investors could have easily foreseen, given the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!