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. . . .