Skip to content

Latest figures

How much did Guatemala pay in the TECO (EEGSA) case?

According to the cited documentsTo be confirmedLegal framework

Original TECO award

US$21,100,552

Dec 19, 2013CIADI

TECO Guatemala Holdings sued at ICSID (ARB/10/23) under CAFTA-DR over EEGSA's electricity distribution. The award of 19 December 2013 found a breach of fair and equitable treatment (article 10.5 of CAFTA) and ordered payment of US$21,100,552; there was a partial annulment in 2016 and a resubmission award on May 13, 2020 setting US$26,793,001 for loss of value plus US$838,784 in interest on historic losses, both calculated as at 21 October 2010. GAR reported that Guatemala paid US$37.3 million to avoid a default.

Read moreRead less
  • Resubmission award — loss of valueUS$26,793,001Calculated as of 21 Oct 2010May 13, 2020CIADI
  • Resubmission award — interest on historic lossesUS$838,784Calculated as of 21 Oct 2010May 13, 2020CIADI
  • Payment reported by Guatemala to avoid defaultUS$37.3 millionReported by GARGlobal Arbitration ReviewPress figure

Sources

  • CIADI

    Laudo de re-sometimiento TECO Guatemala Holdings v. Guatemala

    • Original TECO award
    • Resubmission award — loss of value
    • Resubmission award — interest on historic losses
    icsidfiles.worldbank.orgAccessed Aug 19, 2026Go to the source
  • Global Arbitration Review

    Guatemala pays ICSID award to avoid default

    • Payment reported by Guatemala to avoid default
    globalarbitrationreview.comAccessed Aug 19, 2026Go to the source