Spain country-specific Compliance Report updated 29-10 2026

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Contents

1. Ganz-Mavag Europe v. Spain (p. 8)
2. Nurhima Kiram Fornan and others v. Spain (ICSID Case No. ARB/24/45) (p. 9)
3. Berkeley Exploration Ltd. v. Spain (ICSID Case No. ARB/24/22) (p. 10)
4. WOC Photovoltaik Portfolio GmbH & Co. KG and others v. Spain (ICSID Case No. ARB/22/12) (p. 11)
5. TS Villalba GmbH and others v. Spain (ICSID Case No. ARB/21/43) (p. 12)
6. Spanish Solar 1 Limited and Spanish Solar 2 Limited v. Spain (ICSID Case No. ARB/21/39) (p. 13)
7. Eiser Infrastructure Limited and Energía Solar Luxembourg S.à r.l. v. Spain (ICSID Case No. ARB/13/36) RESUBMITTED (p. 14)
8. Mitsui v. Spain (ICSID Case No. ARB/20/47) (p. 16)
9. VM Solar Jerez and others v. Spain (ICSID Case No. ARB/19/30) (p. 17)
10. Sapec, S.A. v. Spain (ICSID Case No. ARB/19/23) (p. 18)
11. Canepa Green Energy Opportunities I, S.á r.l. and Canepa Green Energy Opportunities II, S.á r.l. v. Spain (ICSID Case No. ARB/19/4) (p. 19)
12. Antonio del Valle Ruiz and others v. Spain (PCA Case No. 2019-17) (p. 20)
13. Itochu Corporation v. Spain (ICSID Case No. ARB/18/25) (p. 21)
14. GBM Global and others v. Spain (ICSID Case No. ARB/18/33) (p. 22)
15. European Solar Farms A/S v. Spain (ICSID Case No. ARB/18/45) (p. 23)
16. EBL (Genossenschaft Elektra Baselland) and Tubo Sol PE2 S.L. v. Spain (ICSID Case No. ARB/18/42) (p. 24)
17. Triodos SICAV II v. Spain (SCC Case No. 2017-194) (p. 25)
18. Portigon AG v. Spain (ICSID Case No. ARB/17/15) (p. 26)
19. DCM Energy et al v. Spain (ICSID Case No. ARB/17/41 (p. 27)
20. FREIF Eurowind Holdings Ltd. v. Spain (SCC Case No. 2017/060) (p. 28)
21. Infracapital F1 S.à r.l. and Infracapital Solar B.V. v. Spain (ICSID Case No. ARB/16/18) (p. 29)
22. Green Power K/S and Obton A/S v. Spain (SCC Case No. 2016/135) (p. 30)
23. Eurus Energy Holdings Corporation and Eurus Energy Europe B.V. v. Spain (ICSID Case No. ARB/16/4) (p. 31)
24. EDF Energies Nouvelles S.A. v. Spain (UNCITRAL AA613) (p. 32)
25. Sevilla Beheer BV and others v. Spain (ICSID Case No. ARB/16/27) (p. 33)
26. Corcoesto, S.A. v. Spain (PCA Case No. 2016-26) (p. 34)
27. Sun-Flower Olmeda GmbH & Co KG and others v. Spain (ICSID Case No. ARB/16/17) (p. 35)
28. Cube Infrastructure Fund SICAV v. Spain (ICSID Case No. ARB/15/20) (p. 36)
29. Cavalum SGPS, S.A. v. Spain (ICSID Case No. ARB/15/34) (p. 37)
30. E.ON SE, E.ON Finanzanlagen GmbH and E.ON Iberia Holding GmbH v. Spain (ICSID Case No. ARB/15/35) (p. 38)
31. Watkins Holdings S.à r.l. and others v. Spain (ICSID Case No. ARB/15/44) (p. 39)
32. STEAG GmbH v. Spain (ICSID Case No. ARB/15/4) (p. 41)
33. SolEs Badajoz GmbH v. Spain (ICSID Case No. ARB/15/38) (p. 42)
34. Solarpark Management GmbH & Co. Atum I KG v. Spain (SCC Case No. 2015/163) (p. 43)
35. OperaFund Eco-Invest SICAV PLC and Schwab Holding AG v. Spain (ICSID Case No. ARB/15/36) (p. 44)
36. Novenergia II - Energy & Environment (SCA), SICAR v. Spain (SCC Case No. 063/2015) (p. 45)
37. Landesbank Baden-Württemberg, HSH Nordbank AG, Landesbank Hessen-Thüringen Girozentrale and Norddeutsche Landesbank-Girozentrale v. Spain (ICSID Case No. ARB/15/45) (p. 46)
38. KS Invest GmbH and TLS Invest GmbH v. Spain (ICSID Case No. ARB/15/25) (p. 47)
39. Joachim Kruck and others v. Spain (ICSID Case No. ARB/15/23) (p. 48)
40. JGC Corporation v. Spain (ICSID Case No. ARB/15/27) (p. 49)
41. Hydro Energy 1 S.à r.l. and Hydroxana Sweden AB v. Spain (ICSID Case No. ARB/15/42) (p. 50)
42. Foresight and others v. Spain (SCC Case No. 2015/150) (p. 51)
43. BayWa r.e. Renewable Energy GmbH and BayWa r.e. Asset Holding GmbH v. Spain (ICSID Case No. ARB/15/16) (p. 52)
44. Alten Renewable Energy Developments BV v. Spain (SCC Case No. 2015/036) (p. 53)
45. 9REN Holding S.a.r.l v. Spain (ICSID Case No. ARB/15/15) (p. 54)
46. Stadtwerke München GmbH and others v. Spain (ICSID Case No. ARB/15/1) (p. 55)
47. RWE Innogy GmbH and RWE Innogy Aersa S.A.U. v. Spain (ICSID Case No. ARB/14/34) (p. 56)
48. Masdar Solar & Wind Cooperatief U.A. v. Spain (ICSID Case No. ARB/14/1) (p. 57)
49. RENERGY S.à r.l. v. Spain (ICSID Case No. ARB/14/18) (p. 58)
51. InfraRed Environmental Infrastructure GP Limited and others v. Spain (ICSID Case No. ARB/14/12) (p. 60)
52. RREEF v. Spain (ICSID Case No. ARB/13/30) (p. 61)
53. Infrastructure Services and Energia (formerly Antin) v. Spain (ICSID Case No. ARB/13/31) (p. 62)
54. Eiser Infrastructure Limited and Energía Solar Luxembourg S.à r.l. v. Spain (ICSID Case No. ARB/13/36) (p. 64)
55. CSP Equity Investment v. Spain (SCC Case No. 094/2013) (p. 66)
56. Isolux Infrastructure Netherlands B.V. v. Spain (SCC Case No. 2013/153) (p. 67)
57. Charanne B.V. and Construction Investments S.a.r.l. v. Spain (SCC Case No. 062/2012) (p. 68)
58. Inversión y Gestión de Bienes, IGB, S.L. and IGB18 Las Rozas, S.L. v. Spain (ICSID Case No. ARB/12/17) (p. 69)
59. The PV Investors (26 investors) v. Spain (PCA Case No. 2012-14) (p. 70)
60. Emilio Agustín Maffezini v. Spain (ICSID Case No. ARB/97/7) (p. 71)

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