Kenon Announces Receipt of approximately $93 million in connection with Payment of Arbitration Award by the Republic of Peru
Kenon Holdings announced that the Republic of Peru has paid approximately $93 million in connection with an arbitration award issued in favor of Kenon by an ICSID tribunal in October 2023.
Why it matters — This payment resolves a long-standing arbitration award in Kenon's favor, bringing in a substantial cash inflow to the company.