Arbitral Digest

Matter

Enel Colombia S.A. (formerly ESSA2 SpA) and Enel Costa Rica CAM S.A. (formerly Enel Green Power Costa Rica S.A.) v. Republic of Costa Rica (ICSID Case No. ARB/21/49)

Case no.
ARB/21/49
Applicable rules
ICSID Arbitration Rules in force as of April 2006
  1. 20 December 2022Arbitration

    20 December 2022Arbitration

    Procedural Order No. 1

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal issued its first procedural order, establishing the procedural rules governing the arbitration and adopting the procedural timetable.

    Supporting details

    3 authorities · 8 participants
    Enel Colombia S.A.
    Enel Costa Rica CAM S.A.
    Republic of Costa Rica
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Raul E. Vinuesa
    Tribunal secretary
    Emily Hay

    Authorities cited

    3
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention)
      treaty
    • Agreement between the Republic of Chile and the Republic of Costa Rica on the Promotion and Reciprocal Protection of Investments
      treaty
    • Free Trade Agreement between Colombia and Costa Rica
      treaty

    4 months and 5 days later · 126 days

  2. 25 April 2023Arbitration

    25 April 2023Arbitration

    Order of the Tribunal Taking Note of the Discontinuance of the Proceeding

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal took note of the parties' joint request and the discontinuance of the proceeding under Rule 43(1) of the 2006 ICSID Arbitration Rules. It also recorded the parties' agreement that each party would bear its own legal fees and expenses and that Centre and Tribunal costs would be borne equally.

    Supporting details

    2 authorities · 8 participants
    Enel Colombia S.A.
    Enel Costa Rica CAM S.A.
    Republic of Costa Rica
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Raul E. Vinuesa
    Tribunal secretary
    Emily Hay

    Authorities cited

    2
    • Convention on the Settlement of Investment Disputes between States and Nationals of Other States (ICSID Convention)
      treaty
    • Agreement between the Republic of Chile and the Republic of Costa Rica on the Promotion and Reciprocal Protection of Investments
      treaty

Matter record

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Enel Colombia S.A. (formerly ESSA2 SpA) and Enel Costa Rica CAM S.A. (formerly Enel Green Power Costa Rica S.A.) v. Republic of Costa Rica (ICSID Case No. ARB/21/49) · Matter