The PV Investors v. The Kingdom of Spain
Permanent Court of Arbitration · Interstate and investor-state (PCA) · International · 2010
Why it matters
Mercurio Solar S.à r.l (Private entity )Tyche Solar S.à r.l (Private entity )Ampere Equity Fund B.V. (Private entity )Element Power Holdings B.V. (Private entity )MEIF Luxembourg Renewables S.à r.l (Private entity )Impax Solar Investment S.à r.l (Private entity )Impax New Energy Investors S.C.A. (Private entity )WOC Photovoltaik Portfolio GmbH &Co. KG (Private entity )NIBC European Infrastructure Fund I C.V. (Private entity )Equitix Innova Infrastructure Investments Holding I B.V. (formerly, NEIF Infrastructure Investments Holding I B.V.) (Private entity )Alesund, Christiansund S.à r.l. & Cie S.C.A. (formerly, Werec I & Christiansund S.à.r.l. S.C.A.) (Private entity )Shulaya, Trier SG S.à r.l. & Cie S.C.A. (formerly, Werec II & Trier SG S.à.r.l. S.C.A.) (Private entity )ASE C.V. (Private entity )AES Solar Energy Coöperatief U.A. (Private entity )Silver Ridge Power Holdings B.V. (formerly, AES Solar Energy Holdings B.V.) (Private entity )Silver Ridge Power B.V. (formerly, AES Solar Energy B.V.) (Private entity )Vela Energy Power España I B.V. (formerly, AES Solar España I B.V.) (Private entity )Vela Energy Power España II B.V. (formerly, AES Solar España II B.V.) (Private entity )Eoxis B.V. (Private entity )Eoxis Holding S.A. (Private entity )MPC Solarpark GmbH & Co. KG (Private entity )Ceconat Energy GmbH (Private entity )REI Renewable Energy International, S.à r.l. (Private entity )Roland Schumann (Private entity )InfraClass Energie 4 GmbH & Co. KG (Private entity )ESPF Beteiligungs GmbH (Private entity ) v. The Kingdom of Spain, an arbitration administered by the Permanent Court of Arbitration in The Hague, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the The PV Investors v. The Kingdom of Spain. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
Summary
Mercurio Solar S.à r.l (Private entity )Tyche Solar S.à r.l (Private entity )Ampere Equity Fund B.V. (Private entity )Element Power Holdings B.V. (Private entity )MEIF Luxembourg Renewables S.à r.l (Private entity )Impax Solar Investment S.à r.l (Private entity )Impax New Energy Investors S.C.A. (Private entity )WOC Photovoltaik Portfolio GmbH &Co. KG (Private entity )NIBC European Infrastructure Fund I C.V. (Private entity )Equitix Innova Infrastructure Investments Holding I B.V. (formerly, NEIF Infrastructure Investments Holding I B.V.) (Private entity )Alesund, Christiansund S.à r.l. & Cie S.C.A. (formerly, Werec I & Christiansund S.à.r.l. S.C.A.) (Private entity )Shulaya, Trier SG S.à r.l. & Cie S.C.A. (formerly, Werec II & Trier SG S.à.r.l. S.C.A.) (Private entity )ASE C.V. (Private entity )AES Solar Energy Coöperatief U.A. (Private entity )Silver Ridge Power Holdings B.V. (formerly, AES Solar Energy Holdings B.V.) (Private entity )Silver Ridge Power B.V. (formerly, AES Solar Energy B.V.) (Private entity )Vela Energy Power España I B.V. (formerly, AES Solar España I B.V.) (Private entity )Vela Energy Power España II B.V. (formerly, AES Solar España II B.V.) (Private entity )Eoxis B.V. (Private entity )Eoxis Holding S.A. (Private entity )MPC Solarpark GmbH & Co. KG (Private entity )Ceconat Energy GmbH (Private entity )REI Renewable Energy International, S.à r.l. (Private entity )Roland Schumann (Private entity )InfraClass Energie 4 GmbH & Co. KG (Private entity )ESPF Beteiligungs GmbH (Private entity ) v. The Kingdom of Spain, an arbitration administered by the Permanent Court of Arbitration in The Hague, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the The PV Investors v. The Kingdom of Spain. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
The detail
Parties: Mercurio Solar S.à r.l (Private entity )Tyche Solar S.à r.l (Private entity )Ampere Equity Fund B.V. (Private entity )Element Power Holdings B.V. (Private entity )MEIF Luxembourg Renewables S.à r.l (Private entity )Impax Solar Investment S.à r.l (Private entity )Impax New Energy Investors S.C.A. (Private entity )WOC Photovoltaik Portfolio GmbH &Co. KG (Private entity )NIBC European Infrastructure Fund I C.V. (Private entity )Equitix Innova Infrastructure Investments Holding I B.V. (formerly, NEIF Infrastructure Investments Holding I B.V.) (Private entity )Alesund, Christiansund S.à r.l. & Cie S.C.A. (formerly, Werec I & Christiansund S.à.r.l. S.C.A.) (Private entity )Shulaya, Trier SG S.à r.l. & Cie S.C.A. (formerly, Werec II & Trier SG S.à.r.l. S.C.A.) (Private entity )ASE C.V. (Private entity )AES Solar Energy Coöperatief U.A. (Private entity )Silver Ridge Power Holdings B.V. (formerly, AES Solar Energy Holdings B.V.) (Private entity )Silver Ridge Power B.V. (formerly, AES Solar Energy B.V.) (Private entity )Vela Energy Power España I B.V. (formerly, AES Solar España I B.V.) (Private entity )Vela Energy Power España II B.V. (formerly, AES Solar España II B.V.) (Private entity )Eoxis B.V. (Private entity )Eoxis Holding S.A. (Private entity )MPC Solarpark GmbH & Co. KG (Private entity )Ceconat Energy GmbH (Private entity )REI Renewable Energy International, S.à r.l. (Private entity )Roland Schumann (Private entity )InfraClass Energie 4 GmbH & Co. KG (Private entity )ESPF Beteiligungs GmbH (Private entity ) v. The Kingdom of Spain
Case number: 2012-14
Outcome: Status: Concluded
Applicable law: The applicable treaty, contract or arbitration rules; see the original.
Issues in play: Public international law / investment law
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