Matter
Capital Energy v Alfanar Company (ICC Case 24091/JPA)
- 16 December 2019Arbitration
16 December 2019Arbitration
ICC Procedural Order No. 7 dated 16 December 2019
International Court of Arbitration of the International Chamber of Commerce
- Decision summary
- The tribunal rejected the Capital Energy companies' request for production of documents concerning Alfanar's exchanges with the Spanish authorities after taking note of Alfanar's statement that it did not possess those documents.
Supporting details
4 participantsCapital Energy Proyectos Energeticos S.L.U.
Capital Energy Solar Eolica S.L.
Green Capital Power S.L.
Alfanar Company
International Court of Arbitration of the International Chamber of Commerce
1 year, 3 months and 27 days later · 483 days
- 12 April 2021Arbitration
12 April 2021Arbitration
Final arbitral award dated 12 April 2021
International Court of Arbitration of the International Chamber of Commerce
- Decision summary
- The tribunal held that Alfanar validly terminated the Sale and Purchase Agreement and the Novation Agreement. It ordered the Capital Energy companies to repay EUR 7,138,901 with interest, indemnify Alfanar for 75% of qualifying receipts from the Spanish bank guarantee up to EUR 5,713,200 with interest, and pay EUR 747,326.25 in legal costs and expenses plus EUR 226,447.50 paid to the ICC, with interest.
Supporting details
7 participants1 year, 10 months and 2 days later · 673 days
- 14 February 2023France
14 February 2023France
Judgment of the Paris Court of Appeal in case RG 21/10727 dated 14 February 2023
Paris Court of Appeal, International Commercial Chamber, Division 5 - Chamber 16
- Citation
- Paris Court of Appeal, International Commercial Chamber, Division 5 - Chamber 16, 14 February 2023, RG 21/10727
- Decision summary
- The court rejected the Capital Energy companies' application to set aside the 12 April 2021 final arbitral award in ICC Case 24091/JPA. It ordered them jointly and severally to pay Alfanar Company EUR 50,000 under article 700 of the French Code of Civil Procedure and the costs.
Supporting details
4 authorities · 13 participantsCapital Energy Proyectos Energeticos S.L.U.
- Representative
- Bernard Grelon (For: Capital Energy Proyectos Energeticos S.L.U. · Capital Energy Solar Eolica S.L. · Green Capital Power S.L.)
- Representative
- AARPI Libra Avocats (For: Capital Energy Proyectos Energeticos S.L.U. · Capital Energy Solar Eolica S.L. · Green Capital Power S.L.)
Capital Energy Solar Eolica S.L.
- Representative
- Bernard Grelon (For: Capital Energy Proyectos Energeticos S.L.U. · Capital Energy Solar Eolica S.L. · Green Capital Power S.L.)
- Representative
- AARPI Libra Avocats (For: Capital Energy Proyectos Energeticos S.L.U. · Capital Energy Solar Eolica S.L. · Green Capital Power S.L.)
Green Capital Power S.L.
- Representative
- Bernard Grelon (For: Capital Energy Proyectos Energeticos S.L.U. · Capital Energy Solar Eolica S.L. · Green Capital Power S.L.)
- Representative
- AARPI Libra Avocats (For: Capital Energy Proyectos Energeticos S.L.U. · Capital Energy Solar Eolica S.L. · Green Capital Power S.L.)
Alfanar Company
- Representative
- Luca De Maria (For: Alfanar Company)
- Representative
- SELARL Pellerin - De Maria - Guerre (For: Alfanar Company)
- Representative
- Marianne Kecsmar (For: Alfanar Company)
Paris Court of Appeal, International Commercial Chamber, Division 5 - Chamber 16
- Judge
- Daniel Barlow
- Judge
- Fabienne Schaller
- Judge
- Laure Aldebert
Other
- Institutional administrator
- Najma El Farissi