Infrared Environmental Infrastructure Gp Limited v. Kingdom of Spain
District Court, District of Columbia
1Opinion of the Court
UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLUMBIA BLASKET RENEWABLE INVESTMENTS, LLC, Plaintiff, v. Civil Action No. 20-817 (JDB) KINGDOM OF SPAIN, Defendant. MEMORANDUM OPINION In 2007, the Kingdom of Spain enhanced its existing financial incentives to promote domestic renewable energy development. As a result, five United Kingdom-based companies invested in solar power plants there. But as the global economy faltered due to the Great Recession, so did Spain’s ability to make good on its promised subsidies, so it withdrew them. The companies then invoked the arbitration clause of the…
2Cases cited20 opinions
- Mitsubishi Motors Corp. v. Soler Chrysler-Plymouth, Inc.Supreme Court of the United States · 1985
- Societe Internationale Pour Participations Industrielles Et Commerciales, S. A. v. RogersSupreme Court of the United States · 1958
- Hilton v. GuyotSupreme Court of the United States · 1895
- Durfee v. DukeSupreme Court of the United States · 1963
- Medellin v. TexasSupreme Court of the United States · 2008
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