Summary

MEMORANDUM OPINION

In June 2025, Blasket Renewable Investments LLC ("Blasket") brought this case to enforce three arbitral awards issued by a tribunal of the International Centre for Settlement of Investment Disputes ("ICSID") against the Kingdom of Spain.. Under the arbitration exception of the Foreign Sovereign Immunities Act ("FSIA"), Spain is not entitled to sovereign immunity from this proceeding. See NextEra Energy Glob. Holdings B.V. v. Kingdom of Spain, 112 F.4th 1088, 1102-03 (D.C. Cir. 2024); ("Spain recognizes that in NextEra the D.C. Circuit held that U.S. courts have jurisdiction to enforce intra-EU arbitration awards [like this one] under the FSIA's arbitration exception to sovereign immunity"). In December 2025, the Kingdom of Spain moved to dismiss Blasket's petition or to stay the case pending the resolution of related proceedings before the D.C. Circuit and the Supreme Court, and Blasket opposed that motion and requested that the Court "enter judgment on the Awards,". Spain's motion to dismiss is now fully briefed and ripe for decision.

For the reasons explained below, the Court will DENY the Kingdom of Spain's motion to dismiss or to stay the case, and will ENTER judgment on the awards in Blasket's favor in the full amount specified in the awards.