Azurix was formed when Enron Corporation purchased British company Wessex Water in 1998.

In September 2009, the ICSID Ad Hoc Annulment Committee affirmed the award, rendering the arbitration final.

[1] Argentina has not complied with the ICSID ruling and is in violation of US trade law, which states that an arbitration award issued by an ICSID tribunal is “final and binding on the parties, and each party must carry out the provisions of any award without delay (article VII, section 6).” [2] Azurix maintains a second arbitration case for its prior investment in the Province of Mendoza, Argentina which was suspended as of August 3, 2010.

[3] As a result of Argentina's refusal to pay the Award, in December 2009 Azurix filed a petition with the Office of the United States Trade Representative (USTR) to review Argentina's eligibility to participate in the US Generalized System of Preferences (GSP) program.

[4] In August 2010, the Office of the United States Trade Representative (USTR) announced it would hear Azurix's petition regarding Argentina, in connection with the 2009 GSP Annual Review to modify the GSP status of certain beneficiary developing countries (BDC's) because of country practices.

[8] Azurix subsequently sold its interest in Wessex Water in May 2002 to YTL Corporation of Malaysia.

Additionally, the intent was also to provide risk management for water contract buyers and sellers.

Right before Rebecca Mark's departure, a pilot program in the Lower Rio Grande was commenced.