Skip to content

Investment treaty awardUnpaid

Veolia v. Italy

Waste-treatment concessions

Headline amount
€86M≈$96.2M · Principal
Respondent
ItalyState
Awarded
2026
Status
UnpaidNothing collected

Latest development Sep 2026

Italy applied to annul the award.

The award

Amount awarded
About €86M
Award holder
Veolia (France)
Respondent
Italian Republic
Forum
ICSID · ECT

Challenges

Italy applied for annulment in September 2026.

Enforcement

None found.

Recovered to date

None