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News Article

A Letter from Iberdrola / US Visit Poses No Risk

By Ricardo Guzman | Thu, 06/25/2020 - 12:06

A letter from Iberdrola. President López Obrador said he had received a letter from Iberdrola expressing its willingness to reach an agreement with the government over the cancellation of a power plant. “I received a letter from the directors of this company informing that they have around 26 thermoelectric plants in the country, and are willing to continue investing in Mexico,” he said. The president noted that he had turned the case over to Minister of Energy Rocío Nahle and CFE head Manuel Bartlett, based on the principle that Mexico is no longer a land to be conquered. “They will not come to loot us, that is over,” he warned. López Obrador said there is no official notification from Iberdrola about the cancellation of the Tuxpan combined cycle power plant and reiterated that it was a shame that the Spanish energy firm used former President Felipe Calderón as a consultant.

US visit poses no political risk. President López Obrador denied that his scheduled visit to Washington in early July would imply any political risk, since this is a state visit related to the USMCA trade treaty only. “I am not going for electoral-political reasons. It is a state visit for the start of the trade treaty that will help Mexico,” he said after being questioned about whether his visit would pose a problem if Democratic presidential candidate Joe Biden wins the election in November. López Obrador said he will also take advantage of his trip to the US to thank Mexicans who send remittances. Minister of Foreign Affairs (SRE) Marcelo Ebrard, Minister of Economy (SE) Graciela Márquez and the President’s Office head Alfonso Romo will join him during his first trip abroad as president.

Attempted attack on PEMEX. Minister of National Defense (SEDENA) Luis Cresencio Sandoval reported that an attack on the PEMEX Salamanca refinery was thwarted last night. “Last night, there was an attempted attack, where a vehicle carrying 12 explosive devices was abandoned by criminals who had attacked security forces,” Sandoval said. Last weekend, José Antonio “El Marro” Yepez promised to retaliate, crying in a youtube video, after the mother and sister of the prominent fuel theft boss were arrested. President López Obrador said that a special security plan is in place in Guanajuato due to the increasing violence and lamented that past administrations allowed the Santa Rosa de Lima cartel to grow so strong.

Applauds coordination with Gov. Del Mazo. President López Obrador recognized the joint effort carried out by the federal government and the State of Mexico administration to fight crime, highlighting the outstanding participation of Gov. Alfredo del Mazo. “There are no discrepancies or differences, we are working together,” the president said in a daily briefing held in Texcoco, State of Mexico. Gov. Del Mazo pointed out that the joint effort has resulted in a 17.4 percent reduction in high-impact crimes so far this year in the entity, compared to the same period last year.

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Click HERE for full transcript in Spanish

Ricardo Guzman Ricardo Guzman Editor