Berkeley Energía Press Release - Notification of Dispute to Spain Over Uranium Plant - Energy Charter Treaty (ECT) - 18 November 2022
Country
Year
2022
Summary
Berkeley Energia Limited ("Berkeley" or the "Company") advises that through the Company's wholly owned subsidiaries, Berkeley Minera España, S.L.U. ("BME") and Berkeley Exploration Limited ("BEL"), it has submitted a written notification of an investment dispute to the Prime Minister of Spain and the Ministry for the Ecological Transition and the Demographic Challenge ("MITECO"). Berkeley's notification informs the Kingdom of Spain of the nature of the dispute and the Energy Charter Treaty ("ECT") breaches, and proposes to seek prompt negotiations for an amicable solution pursuant to article 26.1 of the ECT.