Corporación América Airports receives US$91.2 million ICSID award payment from Peru
by Corporacion America Airports SA, 20 January 2026
On January 20, 2026, Corporación América Airports S.A. announced that Sociedad Aeroportuaria Kuntur Wasi S.A., in which it holds an indirect 50% equity stake, received a payment of about US$91.2 million from the Republic of Peru, executing a final award issued in May 2024 by the International Centre for Settlement of Investment Disputes. The award stems from Peru’s termination of the concession for the planned Chinchero International Airport, which the ICSID tribunal found to be arbitrary, unjustified and lacking a valid public-interest rationale, and the net proceeds, after taxes and costs, will be recognized in CAAP’s financial statements in line with its ownership in Kuntur Wasi, marking a financially and reputationally significant resolution of a long-running dispute over contract compliance.