ACF Renewable Energy v. Bulgaria, ICSID Case No. ARB/18/1

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Short Name:

Case type:
International Investment Agreement (Investor–State)
Seat of Arbitration:
Investment treaty:
Energy Charter Treaty
Applicable legal instruments:
Energy Charter Treaty
Economic sector:
Energy (power generation)
Outcome:
In Favour of Claimant(s)
Amount of damages:
US $65,567,031
Other remedy:
The respondent must pay pre-award and post-award interest on the awarded amount. It is also ordered to pay the claimant legal costs of EUR 264,833.90 and USD 5,209,865.05, along with USD 480,766.49 for the claimant's share of tribunal and secretariat fees
See case mapped on Investor-State LawGuide

Available documents

7 Feb 2018
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Claimant appointee
Respondent appointee
Respondent appointee:
Pierre Mayer
Tribunal/Panel chair
Chair/President:
Bruno Simma
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Claimant's counsel
Kenneth R. Fleuriet, Reginald R. Smith, Kevin D. Mohr, Amy Roebuck Frey, Héloïse Hervé, King and Spalding, Kostadin Sirleshtov, Deyan Draguiev, CMS Cameron McKenna, Nabarro Olswang LLP
Respondent's counsel
Abby Cohen Smutny, Petr Polasek, White & Case LLP, Lazar Tomov, Sylvia Steeva, Tomov & Tomov, Ivan Kondov
Other counsel
Claimant's expert
Respondent's expert
Claimant's witness
Respondent's witness
Other witnesses
Tribunal secretary
Tribunal assistant
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Document Summary
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20 Dec 2020
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Claimant appointee
Respondent appointee
Respondent appointee:
Pierre Mayer
Tribunal/Panel chair
Chair/President:
Bruno Simma
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Claimant's counsel
Kenneth R. Fleuriet, Reginald R. Smith, Kevin D. Mohr, Amy Roebuck Frey, Héloïse Hervé, King and Spalding, Kostadin Sirleshtov, Deyan Draguiev, CMS Cameron McKenna, Nabarro Olswang LLP
Respondent's counsel
Abby Cohen Smutny, Petr Polasek, White & Case LLP, Lazar Tomov, Sylvia Steeva, Tomov & Tomov, Ivan Kondov
Other counsel
Claimant's expert
Respondent's expert
Claimant's witness
Respondent's witness
Other witnesses
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Tribunal assistant
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5 Jan 2024
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PARTICIPANTS
Claimant appointee
Respondent appointee
Respondent appointee:
Pierre Mayer
Tribunal/Panel chair
Chair/President:
Bruno Simma
Arbitrator(s)
Sole Arbitrator
ICSID Annulment Committee president
ICSID Annulment Committee members
WTO Appellate Body members
WTO Appellate Body chair
Judges
Claimant's counsel
Kenneth R. Fleuriet, Reginald R. Smith, Kevin D. Mohr, King and Spalding, Amy Roebuck Frey, Héloïse Hervé, Kostadin Sirleshtov, Deyan Draguiev, CMS Cameron McKenna Nabarro Olswang LLP
Respondent's counsel
Abby Cohen Smutny, Petr Polasek, White & Case LLP, Lazar Tomov, Sylvia Steeva, Tomov & Tomov, Ivan Kondov
Other counsel
Claimant's expert
Respondent's expert
Claimant's witness
Respondent's witness
Other witnesses
Tribunal secretary
Tribunal assistant
Country
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Entities
Document Summary
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13 Jun 2024
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Sole Arbitrator
ICSID Annulment Committee president
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WTO Appellate Body chair
Judges
Claimant's counsel
Thomas C.C. Childs, Camilla Akbari, King and Spalding
Respondent's counsel
Other counsel
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Country in which this occurs:
United States
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1 Sep 2024
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18 Nov 2024
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19 Nov 2024
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23 Dec 2024
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23 Dec 2024
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23 Dec 2024
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21 Jan 2025
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21 Jan 2025
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Judges
Claimant's counsel
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