NextEra Energy Global Holdings BV v Kingdom of Spain [2026] SGHC 43

In NextEra Energy Global Holdings BV v Kingdom of Spain [2026] SGHC 43, the General Division of the High Court has held that by acceding to the ICSID Convention, a contracting state waives its immunity from the adjudicative jurisdiction of the courts of other contracting states for the purposes of recognising and enforcing ICSID awards. A respondent state cannot invoke the State Immunity Act 1979 (the SIA) to block registration of an ICSID award in the Singapore courts.

Our Directors, Jiaxiang Zhuo and Colin Liew, share their insights on this important decision here.