Jesús Garza: Energy Crisis in Nuevo León and Nearshoring

Nuevo León captured approximately US$5 billion of Foreign Direct Investment (FDI) in 2024, leading the rest of the federative entities thanks to nearshoring. For this year, the announcement of new investments continues and an increase of around 12 percent is expected compared to the previous year. Some examples of investments include Ternium that will invest US$3.2 billion in a new steel plant in the state and Volvo that plans an investment of U…

Nuevo León is experiencing a marked increase in electricity demand, driven by its industrial growth and the rise of nearshoring, which positions the state as a key engine of the national economy. This growth represents a great opportunity to consolidate an energy transition to cleaner and more efficient sources. Organizations such as the Nuevo León Energy Cluster and events such as the Seventh EGADE Energy Encounter are actively working to promo…