Latest development Oct 14, 2026
Argentina asked the D.D.C. to pause the case.
The award
- Amount awarded
- $715.9M plus interest, and about $17M in costs
- Current estimate
- More than $732M (Law360, October 2026)
- Award holder
- The AES Corporation
- Respondent
- Argentine Republic
- Forum
- ICSID ARB/02/17 · U.S.–Argentina BIT
Challenges
Argentina applied for annulment on October 17, 2025. The committee was constituted on January 15, 2026, and lifted the stay of enforcement after Argentina did not post security.
Enforcement
United States: D.D.C. recognition suit filed in August 2025.
Recovered to date
None