Belgian justice has authorized the seizure of 32 million euros from the revenues Spain receives for managing its air traffic. These funds, transferred monthly by Eurocontrol to the public company Enaire, will now be allocated to Blasket Renewable Investments, one of the companies affected by the non-payment of renewable energy premiums.
Sources from the Ministry for Ecological Transition and Demographic Challenge assert that the Kingdom of Spain has not been formally notified of this seizure in Belgium. According to the Spanish newspaper Expansión, the Ministry has stated that Spain will oppose the Belgian judicial decision, arguing that it contravenes European state aid regulations and the non-seizability of the credit rights that Enaire holds against Eurocontrol.
This seizure is a consequence of international arbitrations lost by Spain, which condemn it to compensate the companies affected by the retroactive withdrawal of renewable energy premiums with 1.560 billion euros. British courts have already recognized these debts and authorized the seizure of various Spanish assets and properties, including the headquarters of the Cervantes Institute in London and other properties, Expansión details.
The Belgian justice ruling was issued by the Court of Appeals of Belgium on June 18, authorizing the seizure requested by Blasket Renewable Investments. This judicial decision responds to the request to execute one of the awards obliging Spain to compensate renewable energy companies.
In addition to judicial decisions in Belgium, Switzerland and Germany have also recently ruled against Spain in relation to these non-payments, and proceedings are ongoing in countries such as the United States and Australia. The debt accumulated by Spain with Blasket Renewable Investments includes 4 million euros in additional interest, bringing the total amount to be seized to 32 million euros.
