Overview
- Shareholders approved dissolution and liquidation on September 29 under Peru’s General Companies Law after audited accounts showed negative equity.
- The company says toll collection was halted at 26 booths, including Chillón and Conchán, cutting more than 60% of its revenue and severely weakening finances.
- Brookfield filed an international arbitration under the Peru–Canada Free Trade Agreement, alleging arbitrary state actions and a sustained campaign led by Lima Mayor Rafael López Aliaga.
- Rutas de Lima says it will continue to operate and maintain the concessioned roads and honor commitments to employees and suppliers during the liquidation process.
- The investor also cites an alleged takeover of the Ramiro Prialé section and unexecuted international arbitration awards exceeding S/700 million as factors that destroyed the concession’s viability.