INTERVIEW: CFE Ups Its Game
As Mexico’s economy starts to revive, CFE is confident in its ability to meet growing electricity needs. Technology, transparency and investor relations will be key.
"We are firmly committed to modernization and innovation as
part of our development strategy," stresses the CFO. "After a
relatively long period without growth, economic activity is
starting to pick up so we will be investing extensively in
electricity generation," adds Santoyo.
by Natalie Feary
Mexican state-owned electricity provider Comisión
Federal de Electricidad (CFE) is ambitious in the investment it
wants to make over the next few years, and is in a comfortable
position to do so, with 2010 financing needs already met. In an
exclusive interview, CFO Francisco Santoyo Vargas tells
LatinFinance how he will ensure the utility keeps
For the next seven years, CFE forecasts investment
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