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Called the National Enrichment Facility, it is located 5 miles (8.0 km) east of Eunice, New Mexico, and is operated by Urenco's subsidiary Louisiana Energy Services (LES). Urenco also owns a 50% interest in Enrichment Technology Company [ nl ] (ETC), a company jointly owned with Areva .
In the context of Nuclear power phase-out in Germany, Swedish Energy company Vattenfall sought compensation from the German government for the premature shut-down of nuclear plants. [ 10 ] [ 11 ] In July 2024, the International Center for Settlement of Investment Disputes ordered Morocco to pay $150 million to Corral Petroleum Holdings.
The Energy Charter Treaty's purpose in Energy Trade is to create open and non-discriminatory energy markets throughout its member states. This framework follows the rules of the multilateral trading system as embodied in the General Agreement on Tariffs and Trade (GATT), which later became the World Trade Organization (WTO). The Energy Charter ...
Investors are granted this right through international investment agreements between the investor's home state and the host state. Such agreements can be found in bilateral investment treaties (BITs), international trade treaties such as the 2019 United States–Mexico–Canada Agreement, or other treaties like the 1991 Energy Charter Treaty.
In January 2011, TCW Energy & Infrastructure Group was spun off as an independent firm and was renamed to EIG Global Energy Partners. The stated reasons for the split was the energy team wanted to "own the upside" of their business and free themselves from regulatory red tape.
Governments are also increasing funding to help accelerate commercialization. The US government set aside a record $1.48 billion for fusion research in its 2024 budget alone.
The reduction of the investment risk flowing from an IIA is meant to encourage companies and individuals to invest in the country that concluded the IIA. Allowing foreign investors to settle disputes with the host country through international arbitration, rather than only the host country's domestic courts, is an important aspect in this context.
Energy Capital Partners Management, LP (ECP) is an American investment firm headquartered in Summit, New Jersey. It focuses on investments in the energy sector. The firm has additional offices in New York City, Houston, San Diego, Fort Lauderdale and Seoul. In August 2024, ECP merged with Bridgepoint Group to form a private assets investment ...