Cases

• 2026
  Mainstream Renewable Power Ltd and others v. Federal Republic of Germany

  ICSID · State prevailed

  Tribunal: Wendy Miles, Charles Poncet, Antolín Fernández Antuña

• 2026
  Azienda Elettrica Ticinese v. Federal Republic of Germany

  ICSID

  Tribunal: Christopher Greenwood, John Beechey, Campbell McLachlan

• 2026
  Stratius Investments Limited v. Hungary

  ICSID

  Tribunal: Gabrielle Kaufmann-Kohler, Juliet Blanch, Philippe Sands

• 2026
  Suntech Power International Ltd. v. Italian Republic

  ICSID

  Tribunal: Funke Adekoya, David Huebner, Thomas Clay

• 2026
  Lotus Proje Akaryakıt Enerji Madencilik Telekominikasyon İnşaat Sanayi Taah. Ve Tic. A.Ş. v. Turkmenistan (III), ICSID Case No. ARB/24/13

  ICSID

  Tribunal: Meg Kinnear, Lucy Greenwood, John M. Townsend

• 2026
  Suomi Power Networks TopCo B.V., Supernova II Bidco BV and AMF Tjänstepension AB v. Republic of Finland

  ICSID

  Tribunal: Eric Schwartz, Peter Turner, Zachary Douglas

• 2026
  Sauna UK BidCo Limited v. Republic of Finland

  ICSID

  Tribunal: Audley Sheppard, D. Brian King, Eduardo Silva Romero

• 2026
  ExxonMobil Petroleum & Chemical BV v. Kingdom of the Netherlands

  ICSID

  Tribunal: Mohamed S. Abdel Wahab, Stanimir A. Alexandrov, Jorge E. Viñuales

• 2026
  Baywa R.E. Ag v. Kingdom of Spain

  U.S. District Court for the District of Columbia · claimant prevailed

  Tribunal: Amit P. Mehta

• 2026
  Buried Hill Serdar Limited v. Turkmenistan

  ICSID

  Tribunal: Eduardo Siqueiros T., Michael S. Goldberg, Philippe Sands, Pierre Mayer

• 2026
  MOL Hungarian Oil and Gas Company Plc v. Republic of Croatia

  ICSID · mixed outcome

  Tribunal: Franklin Berman, William W. Park, Brigitte Stern, Amir H. Ali

• 2026
  InfraRed Environmental Infrastructure GP Limited and others v. Kingdom of Spain

  ICSID · claimant prevailed

  Tribunal: Stephen L. Drymer, William W. Park, Pierre-Marie Dupuy, José Miguel Júdice, Karim Hafez, Yuejiao Zhang, John D. Bates

• 2026
  Eurus Energy Holdings Corporation v. Kingdom of Spain

  ICSID · claimant prevailed

  Tribunal: James Crawford, Anne K. Hoffmann, Oscar M. Garibaldi, Andrea Giardina, Bernard Hanotiau, Katherine González Arrocha, Penelope J. Ridings, Randolph D. Moss

• 2025
  Festorino Invest Limited and others v Poland

  SCC · State prevailed

  Tribunal: Bernardo M. Cremades, Kaj Hobér, Zachary Douglas, Dag Mattsson, Malin Bonthron, Eric M. Runesson, Petter Asp, Christine Lager, Anders Perklev, Katrin Hollunger Wågnert

• 2025
  RWE AG and RWE Eemshaven Holding II BV v. Kingdom of the Netherlands

  ICSID · State prevailed

  Tribunal: Lucy Reed, James H. Boykin, Toby Landau, Jansen-Sievers, H.J.M. Burg, D.A. Schreuder, H.M.H. Speyart van Woerden

• 2025
  Uniper SE, Uniper Benelux Holding B.V. and Uniper Benelux N.V. v. Kingdom of the Netherlands

  ICSID · State prevailed

  Tribunal: Tina Cicchetti, Jean E. Kalicki, D. Brian King, H.J.M. Burg, D.A. Schreuder, H.M.H. Speyart van Woerden

• 2025
  OperaFund Eco-Invest SICAV PLC and Schwab Holding AG v. Kingdom of Spain

  ICSID · claimant prevailed

  Tribunal: Karl-Heinz Bückstiegel, August Reinisch, Philippe Sands, von Werdt

• 2025
  Mercuria Energy Group Limited v. Republic of Poland

  SCC · State prevailed

  Tribunal: Klaus Sachs, Juliet Blanch, Laurence Boisson de Chazournes, Amina Lundqvist, Eva Edwardsson, Carin Häckter, Trevor N. McFadden

• 2025
  ACF Renewable Energy v. Bulgaria

  ICSID · claimant prevailed

  Tribunal: Bruno Simma, Oscar M. Garibaldi, Pierre Mayer, Dabney L. Friedrich

• 2025
  Littop Enterprises Limited, Bridgemont Ventures Limited and Bordo Management Limited v. Ukraine

  SCC · State prevailed

  Tribunal: Julian D. M. Lew, L. Yves Fortier, Rodrigo Oreamuno, Per Carlson, Hanna Carysdotter, Claes Lewenhaupt

• 2025
  JGC Holdings Corporation (formerly JGC Corporation) v. Kingdom of Spain

  ICSID · claimant prevailed

  Tribunal: Dyalá Jiménez Figueres, Tina Cicchetti, Ucheora Onwuamaegbu, D. Degreef, Rudolph Contreras

• 2025
  Klesch Group Holdings Limited and Raffinerie Heide GmbH v. Federal Republic of Germany

  ICSID

  Tribunal: Cavinder Bull, Jr. O. Thomas Johnson, Jorge E. Viñuales

• 2025
  Klesch Group Holdings Limited & others v. European Union

  ICSID

  Tribunal: Cavinder Bull, Jr. O. Thomas Johnson, Jorge E. Viñuales

• 2025
  Klesch Group Holdings Limited, Klesch Refining Denmark A/S and Kalundborg Refinery A/S v. Kingdom of Denmark

  ICSID

  Tribunal: Cavinder Bull, Jr. O. Thomas Johnson, Jorge E. Viñuales

• 2025
  Nextera Energy Global Holdings B v. v. Kingdom of Spain

  United States District Court for the District of Columbia · claimant prevailed

  Tribunal: Tanya S. Chutkan

• 2025
  Infrastructure Services Luxembourg S.A.R.L. v. Kingdom of Spain

  United States District Court for the District of Columbia · claimant prevailed

  Tribunal: Loren L. Alikhan

• 2025
  Rreef Infrastructure (g.P.) Limited v. Kingdom of Spain

  United States District Court for the District of Columbia · claimant prevailed

  Tribunal: Carl J. Nichols

• 2025
  Hulley Enterprises Ltd. v. Russian Federation

  U.S. Court of Appeals for the D.C. Circuit · State prevailed

• 2025
  Mercuria Energy Group Limited v. Republic of Poland

  SCC · State prevailed

  Tribunal: Pierre Tercier, Albert Jan van den Berg, Vaughan Lowe, Trevor N. McFadden

• 2025
  Antaris Solar GmbH and others v. Czech Repulic

  PCA · State prevailed

  Tribunal: Lord Collins of Mapesbury, Gary B. Born, Peter Tomka, R. Doak Bishop

• 2025
  Rockhopper Italia S.p.A., Rockhopper Mediterranean Ltd, and Rockhopper Exploration Plc v. Italian Republic

  ICSID · State prevailed

  Tribunal: Klaus Reichert, Charles Poncet, Pierre-Marie Dupuy, Michael D. Nolan, Eva Kalnina, Carita Wallgren-Lindholm

• 2025
  STEAG GmbH v. Kingdom of Spain

  ICSID · claimant prevailed

  Tribunal: Eduardo Zuleta, Guido Santiago Tawil, Pierre-Marie Dupuy, Eva Kalnina, Milton Estuardo Argueta Pinto, Ricardo Vásquez Urra

• 2022
  Green Power K/S and Obton A/S v. Spain

  SCC · State prevailed

  Tribunal: Hans van Houtte, Inka Hanefeld, Jorge E. Viñuales