Case Details

Interconexión Eléctrica S.A. E.S.P. v. Republic of Chile (ICSID Case No. ARB/21/27)

Subject of Dispute:

Electricity transmission concession
Economic Sector:

Electric Power & Other Energy
Instrument(s) Invoked:

FTA Colombia - Chile
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Interconexión Eléctrica S.A. E.S.P. (Colombian)
Respondent(s):

Republic of Chile (Chilean)
Date Registered:

May 17, 2021
Date of Constitution of Tribunal:

November 29, 2021

Composition of Tribunal

President:

Carmen NÚÑEZ-LAGOS (Spanish) - Appointed by the Chairman of the Administrative Council
Arbitrators:

Philippe PINSOLLE (French, Swiss) - Appointed by the Claimant(s)
Luis Alberto GONZÁLEZ GARCÍA (British, Mexican) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Dechert, Paris, France
Gutiérrez, Waugh, Jimeno & Asenjo Abogados, Santiago, Chile
Respondent(s):

Subsecretaría de Relaciones Económicas Internacionales, Santiago, Chile
Ministerio de Relaciones Exteriores, Santiago, Chile
Three Crowns, London, U.K., Paris, France, and Washington, DC, U.S.A.
Language(s) of Proceeding:

Spanish
Status of Proceeding:

Concluded
Outcome of Proceeding:

December 13, 2024 - The Tribunal renders its award; attached to the award is a partial dissent by arbitrator Luis González García.

(b) Rectification Proceeding

Applicant(s)/Requesting Party(ies):

Claimant(s)
Date Registered:

January 29, 2025

Party Representatives

Claimant(s):

Wordstone Dispute Resolution, Paris, France
Gutiérrez, Waugh, Jimeno & Asenjo Abogados, Santiago, Chile
Respondent(s):

Subsecretaría de Relaciones Económicas Internacionales, Santiago, Chile
Ministerio de Relaciones Exteriores, Santiago, Chile
Three Crowns, Madrid, Spain
Status of Proceeding:

Concluded
Outcome of Proceeding:

March 11, 2025 - The Tribunal issues a decision on the rectification of the award.

(a) Original Proceeding

Published Decisions

Claimant’s Memorial

Respondent’s Counter-Memorial

Claimant’s Reply

Respondent’s Rejoinder

Hearing Transcript – Day 1

Hearing Transcript – Day 2

Hearing Transcript – Day 3

Hearing Transcript – Day 4

Hearing Transcript – Day 5

Procedural Order No. 1

Procedural Order No. 2

Procedural Order No. 3

Procedural Order No. 4

Procedural Order No. 5

Procedural Order No. 6

Award

Available on the ICSID Website

Claimant’s Memorial (March 18, 2022) Spanish (Original)

Respondent’s Counter-Memorial (August 18, 2022) Spanish (Original)

Claimant’s Reply (February 9, 2023) Spanish (Original)

Respondent’s Rejoinder (May 10, 2023) Spanish (Original)

Hearing Transcript – Day 1 (June 19, 2023) Spanish (Original)

Hearing Transcript – Day 2 (June 20, 2023) Spanish (Original)

Hearing Transcript – Day 3 (June 21, 2023) Spanish (Original)

Hearing Transcript – Day 4 (June 22, 2023) Spanish (Original)

Hearing Transcript – Day 5 (June 24, 2023) Spanish (Original)

Procedural Order No. 1 (February 4, 2022) Spanish (Original)

Procedural Order No. 2 (October 30, 2022) Spanish (Original)

Procedural Order No. 3 (November 9, 2022) Spanish (Original)

Procedural Order No. 4 (December 17, 2022) Spanish (Original)

Procedural Order No. 5 (April 11, 2023) Spanish (Original)

Procedural Order No. 6 (May 29, 2023) Spanish (Original)

Award (December 13, 2024) Spanish (Original)

(b) Rectification Proceeding

Published Decisions

Decision on Rectification of the Award

Available on the ICSID Website

Decision on Rectification of the Award (March 11, 2025) Spanish (Original)

(a) Original Proceeding

Date	Development
May 17, 2021	The Secretary-General registers a request for the institution of arbitration proceedings.
July 26, 2021	Following appointment by the Claimant, Philippe Pinsolle (French/Swiss) accepts his appointment as arbitrator.
July 26, 2021	Following appointment by the Respondent, Luis González García (Mexican) accepts his appointment as arbitrator.
November 29, 2021	Following appointment by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention, Carmen Núñez-Lagos (Spanish) accepts her appointment as presiding arbitrator.
November 29, 2021	The Tribunal is constituted in accordance with Article 37(2)(b) of the ICSID Convention. Its members are: Carmen Núñez-Lagos (Spanish), President, appointed by the Chairman of the Administrative Council in accordance with Article 38 of the ICSID Convention; Philipe Pinsolle (French/Swiss), appointed by the Claimant; and Luis Alberto González García (Mexican), appointed by the Respondent.
January 18, 2022	The Tribunal holds a first session with the parties by video conference.
February 4, 2022	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
March 18, 2022	The Claimant files a memorial on the merits.
August 18, 2022	The Respondent files a counter-memorial on the merits.
September 2, 2022	Each Party files a request for the Tribunal to decide on production of documents.
October 2, 2022	Each party files observations on the other party’s request for the Tribunal to decide on production of documents.
October 25, 2022	Each party files a response to the other party’s observations of October 2, 2022.
October 30, 2022	The Tribunal issues Procedural Order No. 2 concerning procedural matters.
November 9, 2022	The Tribunal issues Procedural Order No. 3 concerning production of documents.
December 17, 2022	The Tribunal issues Procedural Order No. 4 concerning production of documents.
February 9, 2023	The Claimant files a reply on the merits.
April 11, 2023	The Tribunal issues Procedural Order No. 5 concerning procedural matters.
May 10, 2023	The Respondent files a rejoinder on the merits.
May 29, 2023	The Tribunal issues Procedural Order No. 6 concerning the organization of the hearing.
June 19, 2023 - June 24, 2023	The Tribunal holds a hearing on jurisdiction and the merits in Washington, D.C.
August 30, 2024	Each party files a submission on costs.
November 25, 2024	The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1).
December 13, 2024	The Tribunal renders its award; attached to the award is a partial dissent by arbitrator Luis González García.

(b) Rectification Proceeding

Date	Development
January 29, 2025	The Secretary-General registers a request for rectification of the award filed by Interconexión Eléctrica S.A. E.S.P.
March 10, 2025	The Tribunal declares the proceeding closed in accordance with ICSID Arbitration Rule 38(1).
March 11, 2025	The Tribunal issues a decision on the rectification of the award.