Mexico Strengthens Energy Laws as CNE Cuts Red Tape

Mexico’s federal government published the regulations for six secondary laws that strengthen the country’s energy framework, marking a new stage in the implementation of the administration’s energy model. The new rules, published in the Official Gazette (DOF) on Oct. 3, govern activities in the hydrocarbons, electricity, energy planning and transition, biofuels, geothermal, and hydrocarbon revenue sectors.

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Mexico Issues Regulations to Strengthen Energy Framework

Developed under SENER’s leadership, the regulations are the result of a collaborative effort across multiple federal agencies and decentralized bodies. Together, they aim to establish a more coherent, sustainable, and sovereign energy system aligned with national priorities.

CNE Eliminates 18 Energy Procedures to Streamline Compliance

Mexico’s National Energy Commission (CNE) has taken a significant step toward streamlining administrative processes in the energy sector by eliminating 18 procedures previously overseen by the now-defunct CRE. The move is part of a broader effort to modernize, digitalize, and simplify regulatory compliance, in line with the objectives outlined in the National Law for the Elimination of Bureaucratic Procedures.

CFE Raises MX$15 Billion in Record Sustainable Bond Issuance

CFE successfully issued MX$15 billion (US$865 million) in sustainable bonds (Cebures) on Sept. 30, marking one of the largest corporate debt placements in Mexico’s local market since 2020. The offering, set to settle on Oct. 6, drew strong investor demand, totaling MX$32.6 billion, or 2.17 times the amount offered, underscoring confidence in the company’s financial management and expansion strategy.

Cox Calls Shareholders to Approve US$4.2 Billion Iberdrola Deal

Cox has called an extraordinary shareholders’ meeting for Nov. 4 to approve the acquisition of Iberdrola’s business operations in Mexico for US$4.2 billion, according to a filing with Spain’s National Securities Market Commission (CNMV).

USTR Flags Mexico Non-Compliance in Energy, Telecom

United States Trade Representative (USTR), Jamieson Greer, signaled growing concerns over Mexico’s adherence to key USMCA obligations, including in energy and telecommunications, as Washington prepares for the agreement’s six-year review next year.

Pomega, Grupo Jebla Launch US$400 Million Storage Project

Turkish company Kontrolmatik/Pomega and Mexican group Jebla have announced a joint investment of US$400 million to establish a domestic energy storage ecosystem, marking a significant milestone for Mexico’s clean energy ambitions.