EURegulationOfficial ✓August 4, 2026· European Commission
Commission opens in-depth State aid investigation into arbitration award ordering Spain to pay compensation to JGC Holdings Corporation
What happened
The European Commission has launched an in-depth investigation. This inquiry will assess whether an arbitration award, which mandates Spain to pay compensation to JGC Holdings Corporation ('JGC'), complies with EU State aid rules. The compensation is for changes made to a renewable electricity support measure.
Who it affects
- ›JGC Holdings Corporation ('JGC')
- ›Spain's government
- ›European Commission
- ›Renewable electricity sector
Receipts
The receipts are official. The summary is ours.
Read on European Commission ↗Summaries are generated from the official text and may simplify or omit nuance. The official document is the source of truth.
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