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NEXTERA ENERGY GLOBAL HOLDINGS B.V., et al. v. KINGDOM OF SPAIN

  1. October 01, 2020

    Spain Wins Pause In Pair Of Renewable Energy Award Suits

    A D.C. federal judge will keep on hold two lawsuits filed by renewable energy investors to enforce about $390 million in arbitral awards against Spain, ruling that it's "more prudent" to refrain from delving into the intricate issues of European Union law raised by Spain in the dispute.

  2. July 07, 2020

    NextEra Says DC Circ. Ruling Irrelevant In $328M Award Fight

    Dutch subsidiaries of U.S.-based NextEra Energy Inc. are arguing that a recent D.C. Circuit decision on sovereign immunity "affords absolutely no support" to Spain's bid to pause their efforts to enforce a €291 million ($328 million) arbitral award, saying Madrid "all but ignores" the panel's actual findings.

  3. July 01, 2020

    Spain Asks Court To Review Circuit Ruling On FSIA Exception

    The Kingdom of Spain urged a D.C. federal court to consider a recent D.C. Circuit opinion boosting Nigeria's effort to duck a $9 billion arbitral award, saying the opinion backs up Spain's sovereign immunity stance.

  4. June 19, 2020

    Spain Wants €291M Award Fight To Stay Paused

    Spain urged a D.C. federal court Friday not to let Dutch subsidiaries of U.S.-based NextEra Energy Inc. move ahead with efforts to enforce a €291 million ($325.5 million) arbitral award, saying an annulment committee improperly conditioned a stay of enforcement on the country waiving its rights.

  5. June 01, 2020

    NextEra Can Enforce $316M Award Against Spain

    An International Centre for Settlement of Investment Disputes committee has lifted a stay of enforcement on a €291 million ($316 million) arbitral award that U.S.-based NextEra Energy Inc.'s Dutch subsidiaries won against Spain, after the country declined to promise to pay the award if an ongoing bid to annul it is unsuccessful.

  6. April 08, 2020

    Enforcement Of €290M NextEra Award Will Remain On Hold

    Efforts by Dutch subsidiaries of U.S.-based NextEra Energy Inc. to enforce a €291 million ($316 million) award against Spain will remain on hold, although Madrid must agree to promptly pay the award if its ongoing set-aside bid is unsuccessful, an international committee has ruled.

  7. June 04, 2019

    NextEra Units Seek OK Of €290M Award Against Spain

    Two Dutch subsidiaries of U.S.-based NextEra Energy Inc. have asked a D.C. federal court to confirm an award valued at €290.6 million ($326.5 million) issued against Spain in a dispute related to the country's renewable energy regulatory regime.