Mexico’s energy reform began in 2013. It has opened up key parts of the country’s electricity sector to new market participants, foreign investors, and innovative technology. Prior to the reform, Mexico operated under a traditional, vertically integrated model with the state-owned Federal Electricity Commission (CFE) responsible for all power supply functions from generation to distribution. The new model is similar to other wholesale electricity markets used around the world.
On this episode of The POWER Podcast, two experts from the law offices of Mayer Brown talk about how deregulation has affected Mexico. Jose Valera is a partner in the Energy practice group and Kristen Ford is a senior associate in the Corporate and Securities group. Both work in Mayer Brown’s Houston office. On the show, they explain how Mexico’s generation mix is evolving and who the players are. They touch on project risks and what companies interested in investing in Mexico can do to mitigate those risks. They also discuss financing and who has been involved in that.