IC Power Ltd and Kenon Holdings Ltd v. Republic of Peru (ICSID Case No. ARB/19/19)

(a) Original Proceeding

• Claimant(s)/Nationality(ies): (i)
  IC Power Ltd (Singaporean), Kenon Holdings Ltd (Singaporean)
• Respondent(s):
  Republic of Peru (Peruvian)
• Date Registered:
  June 27, 2019
• Date of Constitution of Tribunal:
  October 30, 2019

• Composition of Tribunal

• President:
  Luca G. RADICATI DI BROZOLO (British, Italian) - Appointed by the Parties
• Arbitrators:
  David R. HAIGH (Canadian) - Appointed by the Claimant(s)
  Eduardo SIQUEIROS T (Mexican) - Appointed by the Respondent(s)

• Party Representatives

• Claimant(s):
  Freshfields Bruckhaus Deringer, Washington, D.C., U.S.A.
  Philippi Prietocarrizosa Ferrero DU& Uría, Lima, Peru
• Respondent(s):
  Ministry of Economy and Finances, Lima, Peru
  Sidley Austin, Washington D.C., U.S.A.
  Stanimir A. Alexandrov, Washington, D.C., U.S.A.
  Estudio Navarro & Pazos Abogados, Lima, Peru
• Language(s) of Proceeding:
  English,Spanish
• Status of Proceeding:
  Concluded
• Outcome of Proceeding:
  October 3, 2023 -

  The Tribunal renders its award.

(b) Rectification and Supplementary Decision Proceeding

• Applicant(s)/Requesting Party(ies): (i)
  Claimant(s)
• Date Registered:
  November 16, 2023

• Party Representatives

• Claimant(s):
  Freshfields Bruckhaus Deringer US, Washington, D.C., U.S.A.
• Respondent(s):
  Ministry of Economy and Finances, Lima, Peru
  Stanimir A. Alexandrov, Washington, D.C., U.S.A.
  Baker Botts, Washington, D.C., U.S.A. and London, U.K.
  Estudio Navarro & Pazos Abogados, Lima, Peru
• Language(s) of Proceeding:
  English,Spanish
• Status of Proceeding:
  Concluded
• Outcome of Proceeding:
  May 3, 2024 - The Tribunal issues a decision on the rectification of the award.

(c) Rectification Proceeding

• Applicant(s)/Requesting Party(ies): (i)
  Respondent(s)
• Date Registered:
  December 5, 2023

• Party Representatives

• Claimant(s):
  Freshfields Bruckhaus Deringer US, Washington, D.C., U.S.A.
• Respondent(s):
  Ministry of Economy and Finances, Lima, Peru
  Stanimir A. Alexandrov, Washington, D.C., U.S.A.
  Baker Botts, Washington, D.C., U.S.A.
  Estudio Navarro & Pazos Abogados, Lima, Peru
• Status of Proceeding:
  Concluded
• Outcome of Proceeding:
  May 3, 2024 - The Tribunal issues a decision on the rectification of the award.

(d) Annulment Proceeding

• Applicant(s)/Requesting Party(ies): (i)
  Respondent(s)
• Date Registered:
  August 28, 2024

• Party Representatives

• Status of Proceeding:
  Pending
• Latest Development:
  August 28, 2024 -

  The Secretary-General registers an application for partial annulment of the award filed by the Republic of Peru.