ICSID - International Centre for Settlement of Investment Disputes
ICSID - International Centre for Settlement of Investment Disputes
08/19/2026 | Press release | Distributed by Public on 08/20/2026 07:53
Mondi Investments Limited v. Republic of Poland (ICSID Case No. ARB(AF)/24/1)
Mondi Investments Limited v. Republic of Poland (ICSID Case No. ARB(AF)/24/1)
Proceeding
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Subject of Dispute:Renewable energy generation enterprise
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Economic Sector:Electric Power & Other Energy
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Instrument(s) Invoked: (i)ECT (Energy Charter Treaty)
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Applicable Rules:ICSID Additional Facility - Arbitration Rules
(a) Original Proceeding
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Claimant(s)/Nationality(ies): (i)Mondi Investments Limited (British)
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Respondent(s):Republic of Poland (Polish)
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Date Registered:January 31, 2024
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Date of Constitution of Tribunal:May 8, 2024
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Composition of Tribunal
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President:Cavinder BULL (Singaporean) - Appointed by the Parties
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Arbitrators:Klaus REICHERT (German, Irish) - Appointed by the Claimant(s)
Alexis MOURRE (French) - Appointed by the Respondent(s)
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Party Representatives
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Claimant(s):Hogan Lovells International, London, U.K.
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Respondent(s):The General Counsel to the Republic of Poland, Warsaw, Poland
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Language(s) of Proceeding:English
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Status of Proceeding:Concluded
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Outcome of Proceeding:June 30, 2026 - The Tribunal renders its award.
(b) Rectification Proceeding
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Applicant(s)/Requesting Party(ies): (i)Respondent(s)
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Date Registered:August 14, 2026 (Respondent(s))
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Party Representatives
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Claimant(s):Hogan Lovells International, London, U.K.
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Respondent(s):The General Counsel to the Republic of Poland, Warsaw, Poland
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Status of Proceeding:Pending
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Latest Development:August 19, 2026 - The Acting Secretary-General registers a request for rectification of the award filed by the Republic of Poland.
No References Available.
(a) Original Proceeding
| Date | Development |
| January 31, 2024 |
The Secretary-General registers a request for the institution of arbitration proceedings. |
| March 2, 2024 |
Following appointment by Claimant, Klaus Reichert (German/Irish) accepts his appointment as arbitrator. |
| April 2, 2024 |
Following appointment by Respondent, Alexis Mourre (French) accepts his appointment as arbitrator. |
| May 8, 2024 |
Following his appointment by agreement of the Parties, Cavinder Bull (Singaporean) accepts his appointment as presiding arbitrator. |
| May 8, 2024 |
The Tribunal is constituted in accordance with ICSID Additional Facility Arbitration Rule 29(1). Its members are: Cavinder Bull (Singaporean), President, appointed by agreement of the parties; Klaus Reichert (German/Irish), appointed by the Claimant; and Alexis Mourre (French), appointed by the Respondent. |
| July 5, 2024 |
The Tribunal holds a first session by video conference. |
| July 7, 2024 |
The Tribunal issues Procedural Order No. 1 concerning procedural matters. |
| July 7, 2024 |
The Tribunal issues Procedural Order No. 2 concerning transparency. |
| August 14, 2024 |
The Claimant files a memorial on the merits. |
| February 28, 2025 |
The Respondent files a counter-memorial on the merits. |
| March 14, 2025 |
Following exchanges between the parties, the Parties file requests for the Tribunal to decide on production of documents. |
| April 23, 2025 |
The Tribunal decides on production of documents. |
| August 13, 2025 |
The Claimant files a reply on the merits. |
| November 3, 2025 |
The Respondent files a rejoinder on the merits. |
| November 24, 2025 |
The Tribunal holds a pre-hearing organizational meeting with the parties by video conference. |
| January 12, 2026 - January 15, 2026 |
The Tribunal holds a hearing on jurisdiction and the merits in The Hague. |
| March 16, 2026 |
Each party files a post-hearing brief. |
| March 30, 2026 |
Each party files a statement of costs. |
| June 30, 2026 |
The Tribunal renders its award. |
(b) Rectification Proceeding
| Date | Development |
| August 19, 2026 |
The Acting Secretary-General registers a request for rectification of the award filed by the Republic of Poland. |
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