Case Details

Naturgy Energy Group, S.A. and Naturgy Electricidad Colombia, S.L. (formerly Gas Natural SDG, S.A. and Gas Natural Fenosa Electricidad Colombia, S.L.) v. Republic of Colombia (ICSID Case No. UNCT/18/1)

Subject of Dispute:

Electrical power distributor
Economic Sector:

Electric Power & Other Energy
Instrument(s) Invoked:

BIT Colombia - Spain 2005
Applicable Rules:

UNCITRAL

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Naturgy Energy Group, S.A. (formerly Gas Natural SDG, S.A.) (Spanish), Naturgy Electricidad Colombia, S.L. (formerly Gas Natural Fenosa Electricidad Colombia, S.L.) (Spanish)
Respondent(s):

Republic of Colombia (Colombian)

Composition of Tribunal

President:

Stephen L. DRYMER (Canadian) - Appointed by Other
Arbitrators:

Eric SCHWARTZ (French, U.S.) - Appointed by the Claimant(s)
Alexis MOURRE (French) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

Three Crowns, London, U.K.
Respondent(s):

Agencia Nacional de Defensa Jurídica Internacional, Bogota, Colombia
Stanimir A. Alexandrov, Washington, D.C., U.S.A.
Sidley Austin, Washington, D.C., U.S.A.
Language(s) of Proceeding:

English,Spanish
Status of Proceeding:

Concluded
Outcome of Proceeding:

March 12, 2021 - The Tribunal renders its award.

No References Available.

(a) Original Proceeding

Date	Development
December 19, 2017	The Tribunal is constituted in accordance with the UNCITRAL Arbitration Rules (1976). Its members are: Stephen L. Drymer (Canadian), President, appointed by the appointing authority, Eric A. Schwartz (French/U.S.); appointed by the Claimants; and Alexis Mourre (French), appointed by the Respondent.
February 13, 2018	The Tribunal holds a first session by telephone conference.
February 28, 2018	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
June 15, 2018	The Claimants file a statement of claim.
December 5, 2018	The Respondent files a counter-memorial on the merits, a memorial on jurisdiction, and counterclaims.
April 3, 2019	The Claimants file a statement of reply.
August 2, 2019	The Respondent files a rejoinder on the merits, and a reply on jurisdiction and counterclaims.
October 11, 2019	The Claimants file a rejoinder on jurisdiction and counterclaims.
November 25, 2019	The President holds a pre-hearing organizational meeting with the parties by telephone conference.
December 2, 2019	The Tribunal issues Procedural Order No. 2 concerning the organization of the hearing.
December 5, 2019 - December 13, 2019	The Tribunal holds a hearing on jurisdiction and the merits in Washington D.C.
March 27, 2020	Each party files a post-hearing brief.
April 17, 2020	Each party files a submission on costs.
December 17, 2020	Case caption is updated following Claimants’ change of their legal company names from Gas Natural SDG, S.A. to Naturgy Energy Group, S.A. and from Gas Natural Fenosa Electricidad Colombia, S.L. to Naturgy Electricidad Colombia, S.L.
March 12, 2021	The Tribunal renders its award.