Ministry of Energy: Alpiq's action against Romania was definitively rejected
Publicat:The Romanian state won at the international arbitral tribunal in Washington where Alpiq's action against Romania was definitively rejected, the stake being 450 million dollars, the Ministry of Energy announced on Wednesday.
"On August 11, 2023, an ad hoc committee appointed in accordance with the rules of the International Center for the Settlement of Investment Disputes in Washington (ICSID) issued the decision rejecting the action for annulment filed by Alpiq AG Switzerland (Alpiq) against the Romanian State, represented in the process by the Ministry of Energy. With this solution, the decision…
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