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The ICSID appoints arbitrators in disputes of renewable energy (Concentrated Splar Power) against Spain

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Allegations of international firms focus on cuts to concentrated solar thermal power (CSP).  


As an example, the British fund Eiser, advised by lawyers Allen & Overy, is a partner in Spain of Elecnor and engineering firm Aries, with which it invested 935 million euros in three concentrated solar power plants in 2007 .
The International Centre for Settlement of Investment Disputes (ICSID ) has designated one arbiter from Venezuela, Bulgaria and Canada for three of the four procedures opened by foreign investors against Spain by cuts to renewable energy and, in particular, solar thermal energy.
The Venezuelan Pedro Nikken has accepted his appointment as arbitrator in the complaint filed by RREEF infrastructure fund, while Canadian Christopher Thomas will do the same in the proceedings initiated by the fund Antin, as recorded in the records of the institution under the Bank World .
The Bulgarian Stanimir Alexandrov also agreed in late February arbitrate in this case in the complaint against Spain by Fund Eiser, so that only a judge is assigned, that values ​​it the demand raised by the Arab sovereign fund Masdar .
Of the designated Pedro Nikken notable for having been a judge and president of the Inter-American Court of Human Rights. He studied Law at the Andrés Bello Catholic University in Caracas and expanded studies at the University of Paris and the University of Carabobo in Venezuela. He is a university professor and exdecano Central University of Venezuela.
Christopher Thomas accumulates fifteen cases ICSID arbitrator. He studied international law at Columbia Univerdad well as in British Columbia and in Sussex. It is able to work in Spanish writing , as seen in its official curriculum, and among the cases in which he has worked in one of the Icsid figure Hochtief, now a subsidiary of ACS , against Argentina.
The Bulgarian Stanimir Alexandrov, studied at George Washington University and the Institute of International Relations in Moscow, and is fluent in French, Russian and Spanish .
In the last twenty cases before ICSID four affect Spain by cuts to renewable energy, which makes the country the most reported, ahead of Egypt, which adds three international complaints, including one from Union Fenosa Gas by supply disruptions at its plant in Damietta.





 
 
 


 

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