Priya Ananthakrishnan

Priya Ananthakrishnan is a managing director in the arbitration practice in London. She leads the firm’s investment-treaty work and has given expert evidence on damages in more than twenty-five ICSID, ICC and PCA proceedings. She acts for investors and states in disputes concerning changes to regulatory regimes, expropriation and breaches of long-term contracts.

Her work covers renewable energy, mining and regulated utilities, including electricity networks and water. She is known for her analysis of regulatory frameworks and the returns investors could reasonably have expected under them, and for her evidence on discount rates and country risk. Tribunals have adopted her approach in several published awards on renewables incentive schemes.

Before joining Pemberton & Co. she worked as an economist at an energy sector regulator, where she advised on tariff reviews and the cost of capital, and later led regulatory economics projects for a consultancy in London. She holds a doctorate in economics from the University of Oxford and a degree from the University of Delhi.

She is ranked in Band 1 for arbitration expert witnesses by the leading directories and recognised by Who’s Who Legal. She speaks on quantum in investment-treaty arbitration at international conferences and contributes chapters on regulatory damages to practitioner handbooks, and she mentors early-career economists through a professional network for women in arbitration.