Kenon Announces Receipt of approximately $93 million in connection with Payment of Arbitration Award by the Republic of Peru
Kenon Holdings announced it received approximately $93 million (subject to tax) from the Republic of Peru, representing its share of a $203 million payment tied to a 2023 arbitration award. The total payment settles the dispute regarding $110.7 million in damages plus interest and costs, following the dismissal of Peru's application to annul the award.
Key figures
- Kenon share
- $93 million
- Original fees
- $6.4 million
- Total payment
- $203 million
- Original damages
- $110.7 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.