AMLO's electricity reforms could result in 'incalculable' costs

AMLO's electricity reforms could result in 'incalculable' costs

Economy & Policy Mexico Capital Markets Energy Electricity

The proposed changes to Mexico's electricity sector that President Andrés Manuel López Obrador sent to Congress in October last year could lead to "incalculable" costs for consumers, an analyst told LatinFinance on Tuesday. Under the president's proposal, state-owned utility company CFE would generate 54% of electricity in Mexico, and private companies would produce 46%. If contracts are cancelled as a result of the reforms, "the costs will be incalculable, not only for generators but also for l

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial