(May 18, 2023, 4:59 PM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) ad hoc committee rejected the Kingdom of Spain’s application to annul a more than 22 million euro arbitral award against it for breaching the Energy Charter Treaty (ECT) by rescinding legislative incentives that a German renewable energy investor relied on and ordered Spain to pay more than $331,000 in costs and more than 310,000 euros to cover the investor’s attorney fees....