---
title: "Kenon Announces Receipt of approximately $93 million in connection with Payment of Arbitration Award by the Republic of Peru | KEN Stock News"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296368614.md"
description: "Kenon Holdings announced it received approximately $93 million from the Republic of Peru, representing its share of a $203 million arbitration award. This payment concludes the dispute resolved in Kenon's favor by the International Centre for Settlement of Investment Disputes tribunal in October 2023. The amount is subject to tax and reflects final settlement after deducting capital provider returns and expenses."
datetime: "2026-08-19T06:05:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296368614.md)
  - [en](https://longbridge.com/en/news/296368614.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296368614.md)
generator: "portal-rs"
---

# Kenon Announces Receipt of approximately $93 million in connection with Payment of Arbitration Award by the Republic of Peru | KEN Stock News

, /PRNewswire/ -- Kenon Holdings Ltd. (NYSE: KEN) (TASE: KEN) ("**Kenon**") announces that the Republic of Peru has paid the award rendered in the arbitration proceedings before an International Centre for Settlement of Investment Disputes tribunal (the "**Tribunal**"), which award was issued in favor of Kenon by the Tribunal in October 2023 (the "**Award**"). The total payment was approximately $203 million, of which Kenon's share (after allocation of a portion of the proceeds to a capital provider and payment of certain expenses) is approximately $93 million, subject to tax. The payment reflects final payment of amounts payable by the Republic of Peru in connection with the Award and conclusion of this matter.

As previously disclosed, the Republic of Peru was ordered to pay Kenon and IC Power $110.7 million in damages together with $6.4 million in certain fees and costs, plus pre-award and post-award interest, in connection with the Award and the dismissal of the Republic of Peru's subsequent application to annul the Award.

Also as previously disclosed, IC Power and Kenon had entered into an agreement with a capital provider to provide capital for expenses in relation to the pursuit of the arbitration claims against the Republic of Peru and other costs, which agreement entitles the capital provider to a return of its capital and payment of a portion of the proceeds of the Award.

The Award, the claims and related proceedings, and the agreement with the capital provider are described in Kenon's Report on Form 6-K furnished to the U.S. Securities and Exchange Commission on June 29, 2026 and Kenon's annual report on Form 20-F for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission.

**About Kenon**

Kenon is a holding company initially established to promote the growth and development of our primary businesses. Over the last decade, Kenon's businesses and holdings have substantially evolved and unlocked substantial shareholder value, with Kenon demonstrating a track record of achieving strong shareholder return. Kenon currently has a 46% interest\* in OPC, a leading owner, operator and developer of power generation facilities in the Israeli and U.S. power markets.

\*Including approximately 2% of OPC's outstanding shares subject to a collar arrangement.

**Contact Info**  
Kenon Holdings Ltd.  
Deepa Joseph  
Chief Financial Officer  
IR@kenon-holdings.com

SOURCE Kenon Holdings Ltd.

### Related Stocks

- [KEN.US](https://longbridge.com/en/quote/KEN.US.md)

## Related News & Research

- [Kenon’s OPC Energy Posts Strong H1 2026 EBITDA After U.S. Portfolio Reclassification](https://longbridge.com/en/news/295699688.md)
- [Angkor Resources Announces $3,500,000 Financing](https://longbridge.com/en/news/296142384.md)
- [Founders Metals to Consolidate 100% Ownership of Antino Gold Project; Gold Fields Increases Strategic Stake to 19.9% | GFI Stock News](https://longbridge.com/en/news/296342011.md)
- [Ecopetrol Completes Acquisition of a Controlling 51% Stake in Brava Energia S.A. and Strengthens Its Growth Platform in Brazil | EC Stock News](https://longbridge.com/en/news/296175976.md)
- [Terreno Realty Corporation Acquires Property in Redmond, WA for $8.0 Million | TRNO Stock News](https://longbridge.com/en/news/296499172.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**