March 06, 2026
Spain will seek to overturn a ruling enforcing a roughly $88.4 million arbitral award issued to a renewable energy investor, after a D.C. federal judge rejected its arguments that the award was not due "full faith and credit" and that enforcement was barred under international comity.
August 12, 2025
A federal judge in Washington, D.C., on Tuesday enforced a €59.6 million ($69.6 million) arbitral award against Spain in a dispute over revoked incentives for renewable energy projects, ruling that the award is entitled to full faith and credit and that international comity does not preclude its enforcement.
August 20, 2024
A Dutch renewable energy investor vying to enforce multimillion-euro arbitration awards against Spain told the D.C. federal court that a recent ruling from the D.C. Circuit holding that district courts have jurisdiction to enforce foreign arbitral awards against Spain means that the investor's awards should be confirmed.
August 01, 2022
Investors who won a $66.3 million arbitral award over revoked economic incentives for renewable energy projects have changed tack in their arguments, telling a D.C. federal court that EU law is irrelevant to their bid to enforce the award there.
April 01, 2021
A bid to have a D.C. federal court enforce a $66.3 million arbitral award over Spain's revocation of economic incentives for renewable projects has been put on hold in light of a pending appeal before the International Centre for Settlement of Investment Disputes.
February 01, 2021
The European Commission has backed Spain's attempts to block enforcement of a $66.3 million arbitral award over revoked economic incentives for renewable energy projects, arguing that award was conferred under a treaty that doesn't govern internal EU disputes.
November 10, 2020
Spain will not have to put up security as it waits to see whether an annulment committee will nix a $70.4 million arbitral award issued to renewable energy investors, after the committee decided at the same time to keep enforcement of the award on pause.
June 01, 2020
Spain is urging a D.C. federal court to toss litigation to enforce a $66.3 million arbitral award over revoked economic incentives for renewable energy projects, arguing that the investors who won it are trying to skirt "well-settled" European law.