Hydropower Investors Drop ICSID Claim Against Costa Rica

(May 9, 2023, 10:39 AM EDT) -- WASHINGTON, D.C. — An International Centre for Settlement of Investment Disputes (ICSID) tribunal issued an order taking note of the discontinuance of an arbitral proceeding brought by Chilean and Costa Rican hydropower energy investors against the Republic of Costa Rica, weeks after the nation announced that it had entered into new electricity supply contracts with the investors....