Sheinbaum Leans on Private Investors to Fix Blackout-Prone Grid
3 Articles
3 Articles
Billions Pour Into Mexico's Power Grid to Fix Its Blackout Problem
MEXICO · BUSINESS Key Facts —Investment surge: A wave of deals in power plants, renewables and grid upgrades is reviving Mexico’s struggling electricity sector. —The plan: The deals pave the way for President Claudia Sheinbaum’s roughly $56bn energy plan. —Who’s investing: Copenhagen Infrastructure Partners, Cox Energy, BlackRock and Grupo México have signed billions in deals […] The post Billions Pour Into Mexico’s Power Grid to Fix Its Blackou…
Sheinbaum Leans on Private Investors to Fix Blackout-Prone Grid
(Bloomberg) — Investment in Mexico’s struggling electricity sector is roaring to life as a slew of deals in power plants, renewables and grid upgrades pave the way for President Claudia Sheinbaum’s $56 billion energy plan.
In the 20 months since the inauguration of Sheinbaum, the pace of promised investments in electricity has already eclipsed the total of the six years of government of his predecessor, Andrés Manuel López Obrador.
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