Latest development Feb 2026
Spain applied to annul the new award.
The award
- Amount awarded
- More than €260M
- Award holder
- A UK solar investment fund (GAR). Its identification as Eiser Infrastructure and Energía Solar Luxembourg is an inference.
- Respondent
- Kingdom of Spain
- Forum
- ICSID resubmission (original ARB/13/36) · ECT
Challenges
The original €128M award was annulled in 2020 over an arbitrator’s undisclosed links. Spain applied to annul the new award in February 2026, and the application is pending.
Enforcement
None found.
Recovered to date
None
Notes
Claimant identity and the split of the award not verified.