Amounts paid in the TECO (EEGSA) case
- The legal framework for foreign investment
- Arbitration and investor protection
- Audited
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 13 May 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, figures verified against the text of the award in the audit of 2026-08-19. GAR reported that Guatemala paid US$37.3 million to avoid a default; the date and the exact amount of the payment are behind a paywall and remain to be confirmed.
The research is written in English; quoted figures, source names and the titles of legal instruments stay in the language their source published them in.
Figures
- Original TECO award
- US$21,100,552
- Resubmission award — loss of value
- US$26,793,001 (calculated as of 21 Oct 2010)
- Resubmission award — interest on historic losses
- US$838,784 (calculated as of 21 Oct 2010)
- Payment reported by Guatemala to avoid default
- US$37.3 million (to be confirmed)
Caveat
Sources
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This layer is research: read from public sources by the archive's own team, every claim cited with the date it was consulted, and audited where it is marked so. It has not entered the verified store — no figure here was fetched back from its source or stamped with a retrieval time — so it wears no red provenance numeral and never mixes with the verified figures.