Split Tribunal Rejects Hydro Investor’s $47M Claims Against Peru

(January 25, 2024, 3:21 PM EST) -- WASHINGTON, D.C. — A split International Centre for Settlement of Investment Disputes (ICSID) tribunal rejected a U.S. hydropower investor and its subsidiary’s claims for more than $47 million in damages against the Republic of Peru for harming its investment but ordered Peru to return a $5 million performance bond....

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