Investor’s claim against Italy dismissed by an ICSID tribunal in an investment arbitration in which Giacomo Rojas Elgueta acted as legal expert for the Italian Republic

As reported by Global Arbitration Review, on August 6 2019 an ICSID tribunal chaired by Yves Derains unanimously dismissed investor’s claims against Italy in the investment arbitration proceeding between Belenergia S.A. and the Italian Republic.

The arbitration, in which Giacomo Rojas Elgueta acted as legal expert for the Italian Republic, was one of the Energy Charter Treaty proceedings brought against Italy following a 2014 regulatory change in the renewable energy sector.

Giacomo Rojas Elgueta has been retained by the Italian Republic as legal expert in the following Energy Charter Treaty proceedings:

  • Belenergia S.A. v. the Italian Republic, ICSID No. ARB/15/40
  • CEF Energia B.V. v. the Italian Republic, SCC Arbitration No. V 2015/158
  • Silver Ridge Power BV v. the Italian Republic, ICSID No. ARB/15/37