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Italy Escapes Dutch Investor's Renewable Energy Claim


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Italy Escapes Dutch Investor s Renewable Energy Claim
Law360 (March 1, 2021, 7:10 PM EST) An international tribunal has rejected claims brought against Italy over the scaling back of economic incentives for solar energy projects, ruling that the country had never agreed to leave the incentive program untouched for the entire 20-year period it was to remain in place.
The International Centre for Settlement of Investment Disputes tribunal, composed of presiding arbitrator Bruno Simma and wing arbitrators O. Thomas Johnson and Bernardo M. Cremades, on Friday rejected Silver Ridge Power BV s claims that legislation adopted in 2011 and 2012 restricting the applicability of certain favorable incentive programs violated the country s obligations under the Energy Charter Treaty. ....

O Thomas Johnson , Bruno Simma , Bernardom Cremades , Energy Charter Treaty , International Centre For Settlement Of Investment , International Centre , Investment Disputes , Silver Ridge Power , ஓ தாமஸ் ஜான்சன் , ஆற்றல் சாசனம் ஒப்பந்தம் , சர்வதேச மையம் க்கு தீர்வு ஆஃப் முதலீடு , சர்வதேச மையம் , முதலீடு சச்சரவுகள் , வெள்ளி ரிட்ஜ் பவர் ,