Peru Files New Application in New York Federal Court to Probe Brookfield Over Toll Road Corruption Allegations
Peru has initiated a new legal effort in a New York federal court, filing an application to seek documents from Brookfield and other entities. This move is part of ongoing criminal proceedings in Peru concerning an allegedly corrupt toll highway project, following a prior vacated request by the City of Lima.
Peru Secures U.S. Court Order to Probe Brookfield in Alleged Toll Road Corruption
A New York federal judge has granted Peru permission to seek documents from Brookfield and other entities for criminal proceedings related to an allegedly corrupt toll highway project, Rutas de Lima, originally linked to Odebrecht's bribery scheme.
Sustainablearth LATAM Sells 120 MW Renewable Energy Portfolio in Peru to Local Company
Sustainablearth LATAM has completed the sale of a 120 MW renewable energy portfolio in Peru, comprising solar, wind, and hybrid projects, to a local energy company. The ready-to-build projects, supported by 10-year Power Purchase Agreements, are slated to begin construction in early 2027, contributing to Peru's growing renewable energy sector.
Brookfield Dissolves Peruvian Toll Road Unit Rutas de Lima Amid Revenue Losses and Legal Disputes
Brookfield Asset Management has announced the dissolution of its Peruvian toll road subsidiary, Rutas de Lima, citing unsustainable revenue losses. The move follows years of disputes with the city of Lima, including suspended toll collections and allegations of concession contract corruption, which Brookfield denies. The company is seeking US$2.7 billion in arbitration.
Hudbay Minerals Temporarily Shuts Down Constancia Copper Mill in Peru Amid Widespread Unrest
Hudbay Minerals has temporarily halted operations at its Constancia copper mill in Peru, effective September 23, 2025, due to escalating civil unrest, protests, and illegal blockades impacting the southern mining corridor. The company cited safety concerns for its personnel and plans to conduct maintenance during the downtime.