Four international investment funds will resort to an arbitration against Spain for cuts to wind and thermosolar power plant profits. They will argue that economic incentives that were offered to attract investors were removed after the companies received their funding.
A strong adherence to the law is necessary if companies are to invest securely, which doesn't necessarily mean that the laws can't be changed when necessary. Especially when there is a dire need for power companies to reduce their tariff deficits, which could weigh heavily on public accounts.
