Mexico's 2014 energy reform was designed to convert state utility CFE into a productive and profitable enterprise, and three years in that plan is finally bearing fruit after years of financial losses and under-investment.
The utility, which for decades effectively operated as a monopoly, has begun a process of modernization, aimed at upgrading and expanding the transmission network and increasing the country's generation capacity.
CFE said in 2014 it would invest US$40bn in the modernization and expansion of the national grid.
Parallel to the company's overhaul, the entry of more private players into the generation segment as a result of the auctions under the reform is aiding the country's transition toward cleaner power generation.
Project Risk Analytics
Tracking project performance
By providing a top-down analysis of the timeliness and costs of current Latin American projects, BNamericas provides a new tool to the industry, allowing it to learn from past events and improve planning for future projects.
- Analytics report analyzing key statistics
- Consider the risks of changes in project schedules
- Instant view of project status
- Benchmark your portfolios and new projects