Antin Infrastructure Services Luxembourg S.à.r.l. and Antin Energia Termosolar B.V. v. Spain, ICSID Case No. ARB/13/31

>Claimant : Antin Infrastructure Services Luxembourg S.à.r.l., Antin Energia Termosolar B.V.
>Nationality : Luxembourg, Netherlands
>Respondent : Spain
>Procedural rules applied : ICSID
>Chair : Eduardo Zuleta
>Arbitrator appointed by Claimant : Klaus Reichert (Francisco Orrego Vicuña replaced)
> Arbitrator appointed by Claimant : Francisco Orrego Vicuña
>Arbitrator appointed by Respondent : Christopher Thomas
>Invoked instruments : ECT
>Articles mentioned : Article 36 (7)
, Article 21 (7)
, Article 21 (5)
, Article 15 (3)
, Article 10 (1)
, Article 1 (2)
, Article 1 (3)
, Article 1 (5)
, Article 1 (6)
, Article 1 (7)
, Article 1 (8)
, Article 1 (10)
, Article 13
, Article 16
, Article 17
, Article 21
, Article 25
, Article 26
>Case status : Award rendered
>Year of the award or agreement : 2018
>Follow-on proceedings : Award upheld by ICSID annulment committee
>Year of registration : 2013

>Subject matter of the dispute: Legal reforms affecting the renewable energy sector
>Amount claimed: EUR 238 million
>Amount awarded: EUR 101 million
>Valuation method: income-based approach (discounted cash flow)
>Interest rate: host State's sovereign bonds (10-year)
>Costs of arbitration: N/A
>Award legal costs: Claimant was awarded GBP 2,447,008.61 (60% of legal costs)
>Award costs of arbitration: Respondent bears 60% of the costs