Corporacion America Airport receives $91.21M ICSID arbitration award

2 days ago 2

TipRanks

Wed, January 21, 2026 astatine 7:42 AM CST 1 min read

Corporacion America Airport (CAAP)s announced that Sociedad Aeroportuaria Kuntur Wasi, successful which CAAP holds an indirect 50% equity interest, has received outgo of $91.21M from the Republic of Peru, pursuant to the last grant issued by the International Centre for Settlement of Investment Disputes, oregon ICSID. The outgo relates to the last grant issued by the ICSID Arbitral Tribunal successful May 2024 successful the arbitration proceeding Sociedad Aeroportuaria Kuntur Wasi S.A. and Corporacion America S.A. v. Republic of Peru, arising from the termination by the Government of Peru of the concession statement for the caller Chinchero International Airport that, pursuant to the last determination of the ICSID Arbitral Tribunal, specified termination was arbitrary, unjustified and without a well-founded crushed of nationalist interest. The receipt of the payment, aft immoderate associated taxes, costs, oregon expenses, volition beryllium reflected successful the company’s fiscal statements successful accordance with applicable accounting standards, considering CAAP’s indirect 50% equity involvement successful Kuntur Wasi.

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