Mexico

Denmark’s Copenhagen Infrastructure Partners (CIP) will invest $10 billion into a green hydrogen project in Mexico.

Mexican solar distributed generation developer Energía Real has landed financing from Banco Sabadell.

Mexico’s Comisión Federal de Electricidad (CFE) landed a $333.6 million financing for seven hydroelectric plants.

Distributed solar company Bright has landed financing to scale its operations in Mexico.

Acciona Energía has signed a 5-year power purchase agreement with a plastic manufacturer in Mexico.

Valia Energía, an Actis-backed power generation company, has completed its acquisition of EVM Energía, adding 850MW of gas-fired assets to its Mexican portfolio.

Iberdrola has signed a binding agreement to sell a large part of its portfolio in the country to the government for $6 billion.

Law firm Holland & Knight is growing the firm’s energy practice in Mexico with the addition of Gerardo Prado Hernández.

On 4 April 2023, Iberdrola chairman Ignacio Galán sat on a dark green chair embroidered with the Mexican coat of arms, at a large wooden table with Mexican President Andrés Manuel López Obrador and a delegation, to hand over 8.5GW worth of assets — the largest energy deal ever signed in the country.

Iberdrola has agreed to sell more than 8.5GW of assets it operates in Mexico, in a transaction valued at around $6 billion.