Romania lost an ICSID case and has to pay €42 million plus interest to renewable energy companies.
Mormence Alina
Economy
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Ten renewable energy companies have won a case against Romania at the World Bank's arbitration tribunal. The dispute stemmed from legislative changes in 2013-2014 and 2017-2018 that affected the companies' investments. They initially sought damages of €142.7 million, and the Arbitral Tribunal ruled in their favor.
Sources
România a pierdut la Tribunalul arbitral al Băncii Mondiale de la Washington un proces intentat de industria regenerabilelor
BREAKING România a pierdut la ICSID procesul pe certificatele verzi introduse de Victor Ponta. Țara noastră datorează despăgubiri de 42 milioane de euro plus dobânzi
BREAKING România a pierdut la ICSID procesul pe certificatele verzi introduse de Victor Ponta. Țara noastră datorează despăgubiri de 42 milioane de euro plus despăgubiri
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