Latest development Sep 24, 2026
The D.D.C. entered judgment for Blasket.
The award
- Amount awarded
- €106.2M plus interest
- Current estimate
- About €115.6M with interest (Belgian attachment)
- Award holder
- Blasket Renewable Investments, assignee since August 28, 2025 (original claimant Eurus Energy Holdings, Toyota Tsusho group)
- Respondent
- Kingdom of Spain
- Forum
- ICSID ARB/16/4 · ECT
Challenges
Annulment denied on July 31, 2025.
Enforcement
Belgium: attachment in July 2025. United States: the D.D.C. (25-cv-1842) entered judgment for Blasket on September 24, 2026, rejecting a challenge to the assignment. The European Commission filed an amicus brief supporting Spain.
Recovered to date
None