Overview
- CIADI’s ruling lowers the indemnity from US$147 million to US$117.6 million, yielding savings of about US$29.4 million, or roughly ARS 42,000 million at the official rate.
- The case stems from the Rosario–Victoria toll concession and 2001 crisis measures that dissolved Puentes del Litoral and prompted an arbitration by Impregilo, now Webuild.
- The Procuración del Tesoro, led by Santiago Castro Videla, sought the rectification on June 11 and characterized the outcome as a concrete improvement against inherited claims.
- Despite this relief, Argentina was ordered in June to pay US$715.9 million to AES over the Alicurá hydropower concession, leaving significant arbitration exposure.
- Reporting notes at least six other active CIADI cases totaling about US$1.5 billion, excluding the separate YPF dispute with claims exceeding US$18 billion.