Arbitral Digest

Matter

Fotowatio Renewable Ventures S.L.U., FRV Solar Holdings III, S.L.U. and FRV Solar Holdings VI, S.L.U. v. United Mexican States (ICSID Case No. ARB/24/5)

Case no.
ARB/24/5
  1. 11 September 2024Arbitration

    11 September 2024Arbitration

    Procedural Order No. 1

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal set the procedural rules and timetable for the arbitration, confirmed the constitution of the Tribunal, designated Washington, D.C. as the place of the proceeding, and addressed representation, document production, hearings, and related procedural matters.

    Supporting details

    8 participants
    Fotowatio Renewable Ventures S.L.U.
    FRV Solar Holdings III, S.L.U.
    FRV Solar Holdings VI, S.L.U.
    United Mexican States
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Monica Pinto
    Tribunal secretary
    Gabriela Gonzalez Giraldez
  2. 11 September 2024Arbitration

    11 September 2024Arbitration

    Procedural Order No. 2 on Transparency and Confidentiality

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal adopted the transparency and confidentiality regime governing the proceeding, including procedures for publication and redaction of the Award, orders, decisions, and other case materials.

    Supporting details

    8 participants
    Fotowatio Renewable Ventures S.L.U.
    FRV Solar Holdings III, S.L.U.
    FRV Solar Holdings VI, S.L.U.
    United Mexican States
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Monica Pinto
    Tribunal secretary
    Gabriela Gonzalez Giraldez

    7 months and 3 days later · 215 days

  3. 14 April 2025Arbitration

    14 April 2025Arbitration

    Procedural Order No. 3: Decision on Bifurcation

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal rejected the Respondent's request to bifurcate the jurisdictional objections, ended the suspension of the proceeding with immediate effect, directed the proceeding to resume under the amended timetable, and reserved the costs of the bifurcation request for the Award.

    Supporting details

    7 authorities · 8 participants
    Fotowatio Renewable Ventures S.L.U.
    FRV Solar Holdings III, S.L.U.
    FRV Solar Holdings VI, S.L.U.
    United Mexican States
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Monica Pinto
    Tribunal secretary
    Gabriela Gonzalez Giraldez

    Authorities cited

    7
    • Southern Pacific Properties (Middle East) Limited v. Arab Republic of Egypt (ICSID Case No. ARB/84/3, Decision on Jurisdiction, 14 April 1988)
      Case law
    • Doups Holdings LLC v. United Mexican States (ICSID Case No. ARB/22/24, Procedural Order No. 3, Decision on Bifurcation, 16 October 2024)
      Case law
    • TC Energy Corporation and TransCanada Pipelines Ltd. v. United States of America (ICSID Case No. ARB/21/63, Procedural Order No. 2, 13 April 2023)
      Case law
    • Westwater Resources Inc. v. Republic of Turkey (ICSID Case No. ARB/18/46, Procedural Order No. 2, 28 April 2020)
      Case law
    • Amerra Capital Management LLC v. United Mexican States (ICSID Case No. UNCT/23/1, Procedural Order No. 3, 3 November 2023)
      Case law
    • International Thunderbird Gaming Corporation v. United Mexican States (UNCITRAL, Award, 26 January 2006)
      Case law
    • Compania de Aguas del Aconquija SA and Vivendi Universal SA v. Argentine Republic (ICSID Case No. ARB/97/3, Decision on Annulment, 3 July 2002)
      Case law

    6 months and 7 days later · 190 days

  4. 21 October 2025Arbitration

    21 October 2025Arbitration

    Procedural Order No. 4: Decision on Document Production

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal ruled on the Parties' requests and objections concerning document production. It directed the Respondent to produce the documents identified in Schedule A and the Claimants to produce the documents identified in Schedule B by 4 November 2025, subject to provisions on privilege, confidentiality, and political or institutional sensitivity.

    Supporting details

    8 participants
    Fotowatio Renewable Ventures S.L.U.
    FRV Solar Holdings III, S.L.U.
    FRV Solar Holdings VI, S.L.U.
    United Mexican States
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Monica Pinto
    Tribunal secretary
    Gabriela Gonzalez Giraldez

    2 months and 2 days later · 63 days

  5. 23 December 2025Arbitration

    23 December 2025Arbitration

    Procedural Order No. 5: Decision on Privilege Claims

    International Centre for Settlement of Investment Disputes

    Decision summary
    The Tribunal decided the Respondent's claims of political and institutional sensitivity and confidentiality of third-party information in Schedule A and the Claimants' privilege claims in Schedule B. It directed the Respondent and the Claimants to complete the production and review steps specified in the Order by 9 January 2026.

    Supporting details

    8 participants
    Fotowatio Renewable Ventures S.L.U.
    FRV Solar Holdings III, S.L.U.
    FRV Solar Holdings VI, S.L.U.
    United Mexican States
    International Centre for Settlement of Investment Disputes
    Arbitrator
    Monica Pinto
    Tribunal secretary
    Gabriela Gonzalez Giraldez

Matter record

Report a correction

Fotowatio Renewable Ventures S.L.U., FRV Solar Holdings III, S.L.U. and FRV Solar Holdings VI, S.L.U. v. United Mexican States (ICSID Case No. ARB/24/5) · Matter