Overview

• ICSID granted Argentina’s rectification request filed on June 11 by the Procuración del Tesoro, reducing the indemnity in the Webuild case.
• The dispute traces to the Rosario–Victoria toll concession and crisis-era measures in 2001 that led to the dissolution of Puentes del Litoral S.A. and an arbitration launched by Impregilo, now Webuild.
• The reduction yields nearly $30 million in relief for the state, estimated at about 42,000 million pesos at the official exchange rate cited by authorities.
• Officials present the ruling as a concrete improvement in the defense of inherited claims, with the Procuración led by Santiago Castro Videla.
• Significant exposure remains from other 2025 ICSID cases, including AES’s $715.9 million award over the Alicurá hydroelectric concession.