UAB E Energia (Lithuania) (the “Claimant”), Republic of Latvia (the “Respondent”)
Public services; operation of a district heating system
Bilateral Investment Treaty between Lithuania and Latvia
Members of the Tribunal
Paolo Michele Patocchi (President), Samuel Wordsworth (Claimant’s appointee), and August Reinisch (appointed by ICSID for Latvia)
The dispute centred around Latvia’s termination of a 30-year lease agreement entered into between UAB and local energy regulator, AS Rēzeknes Siltumtiki (the “Regulator”), a company wholly owned by the Rēzekne municipality (the “Municipality”).