Archive · 2 Oct 2025
Lima Mayor Celebrates Brookfield Toll Road Company Dissolution
Imagine a company that runs toll roads in a city.
The mayor of that city, thinks the company is bad because they charge tolls that hurt the poor.
The mayor promised to get rid of them.
The company is now leaving the city because they lost a lot of money.
The mayor is happy, calling it a day of celebration.
The company is claiming they were treated unfairly and suing the city for a lot of money.
The city thinks the company did something wrong when they started, but that is still being investigated.
Lima's mayor celebrated the dissolution of Brookfield's toll road company.
Brookfield is dissolving Rutas de Lima due to losses and disputes.
The mayor compared Brookfield to the mafia and claims their tolls harm the poor.
Brookfield claims unfair treatment and is seeking $2.7 billion in damages.
The city declined to pay $200 million in international arbitration won by Rutas de Lima.
- Who
- Lima Mayor Rafael Lopez Aliaga and Brookfield Asset Management
- What
- Brookfield's toll road company, Rutas de Lima, is dissolving after conflict with Lima authorities.
- When
- Dissolution announced recently; Mayor Aliaga made comments Wednesday.
- Where
- Lima, Peru
- Why
- Brookfield cites losses and harassment; Mayor promised to vanquish the company.
Brookfield's Perspective
Lima's Perspective
Treatment by Authorities
Brookfield's Perspective
Brookfield claims they were harassed by local authorities, destroying the value of their asset without regard for the rule of law.
Lima's Perspective
Mayor Aliaga believes the tolls harm the poor and implied corruption in the original contract.
Financial Impact
Brookfield's Perspective
Brookfield reports losses.
Lima's Perspective
Mayor celebrates company's departure.
- Company
- Rutas de Lima (Brookfield Asset Management)
- Mayor
- Rafael Lopez Aliaga
- Mayor's Stance
- Celebratory, wants Brookfield out
- Brookfield's Claim
- $2.7 billion in damages via arbitration
- Brookfield's Action
- Dissolving Rutas de Lima