CFE has to tap private investors for priority projects

CFE has to tap private investors for priority projects

Energy Electricity Economy & Policy Mexico

Mexico's state-owned electric utility company CFE will have to turn to private energy companies to develop its priority investment projects because it does not have the resources to do it alone, Carlos González Tabares, director of market analysis and strategy at local financial services firm Monex, told LatinFinance. CFE said in a business plan released on Tuesday that it plans to invest MXN382 billion ($19.2 billion) from 2021 to 2025 to improve its energy infrastructure, including 53% for pri

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