July 19, 2021 |
Mexico's state-owned electric utility company (CFE) plans to raise financing for $1 billion in planned investments through 2024 to renovate 14 hydroelectric power plants across the country.
"The modernization of the hydroelectric plants will be carried out through an innovative financial mechanism that will allow CFE to access financing at preferential rates," the company said in a statement.
The company did not respond to requests for details on its financing plans.
The investments will increa
Mexico's state-owned electric utility company plans to spend $1 bln through 2024 to increase capacity at 14 power plants