CFE extends the deadline to register mixed investment projects

The Federal Electricity Commission (CFE) announced the extension of the project registration for the First Institutional Process of Mixed Investments, so now the deadline will end on February 27.

After highlighting that this is a new stage in Mexico’s energy transition, the company indicated that with private participation it seeks to promote the incorporation of solar and wind systems, key technologies to strengthen the reliability of the electrical system.

He noted that they also seek to advance the decarbonization of the energy sector and reduce emissions in order to meet the country’s environmental objectives.

According to the CFE, companies interested in participating in the process for the development of renewable energy projects in must go to the single window.

In recent weeks, Luz Elena González, head of the Ministry of Energy (Sener), guaranteed clear rules in these investment schemes to businessmen and private initiative organizations.

In conjunction with the CFE, he highlighted, this new figure, provided for in the Electricity Sector Law, will promote strategic electricity generation projects.

At the end of January they were published in the Official Gazette of the Federation (DOF) the rules for the celebration of public contracts with private parties, in order to add 7,500 megawatts of electricity generation capacity before 2030. According to Sener, these projects will be developed in the seven regions of the country. On February 13, the official also met with business leadership to present these schemes.

The CFE may acquire energy, opt for production in mixed investment as a partner in the project or follow another scheme defined by the regulations or Sener.