Memorandum Opinion of US District Court for the District of Colombia
In NextEra Energy Global Holdings B.V. and NextEra Energy Spain Holdings B.V. v. Kingdom of Spain (ICSID Case No. ARB/14/11)
Opening of the document
UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA NEXTERA ENERGY GLOBAL HOLDINGS B.V., et al., KINGDOM OF SPAIN, Civil Action No. 19-cv-01618 (TSC) MEMORANDUM OPINION Petitioners NextEra Energy Global Holdings B.V. and NextEra Energy Spain Holdings B.V. (NextEra) seek to enforce a € 290 million arbitral award issued by the International Centre for Settlement of Investment Disputes (ICSID) against Respondent, the Kingdom of Spain. Spain moves to dismiss or stay the proceedings until the ICSID Tribunal decides on its petition to annul. (ECF No. 15.) This court agrees with other courts in this district that “it is wiser to . . . stay these proceedings pending the opinion of the ICSID …