ICSID Tribunal Rejects Dutch Solar Power Investor’s Claims Against Italy

(March 2, 2021, 12:47 PM EST) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal on Feb. 26 rejected a Dutch investor’s claims that the Italian Republic unfairly harmed its investments in solar power by rescinding incentive tariffs after finding that Italy’s changes to the applicable legal framework were not “fundamental or radical” and were caused by legitimate economic challenges....

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