Carlos Egido, Northland Power
View from the Top
Carlos Egido
Country Manager
Northland Power
Northland Power’s Carlos Egido discusses the developer, builder and operator’s commitment to Mexico, with the La Lucha project leading the way.
Carlos Egido
View from the Top
Carlos Egido
Director General
X-Elio
“We understand the immediate future in Mexico and are actively looking for bilateral contracts, both with qualified suppliers and qualified users.…
Carlos Egido
View from the Top
Carlos Egido
Country Manager Mexico
X-Elio
X-ELIO develops and operates utility-scale PV plants. It has participated in the development, construction, maintenance and operation of plants
Alan Sakar
Roundtable
Alan Sakar
Alan Sakar
Associate in Project Development and Finance
Clifford Chance

In the first and second auctions, CFE was the sole purchaser and virtually absorbed a measurable off-taker’s risk. Starting with the third auction, the Clearing House will represent a pool of purchasers per auction. Clifford Chance applauds the authorities’ design efforts when structuring the electricity auctions. We understand that some banks were involved in the structuring of the Clearing House, which is a strong sign that the government took into consideration certain bankability issues, which the banks would likely raise during the financing of the projects. We have no doubt this model will be replicated in other countries in the coming years. The success of the upcoming auctions will be largely based on the independent performance of CENACE, which will manage the risk of buyers’ nonpayment, the guarantees and the reserve funds.

Unlocking a country’s entire electricity sector to private initiative is not something done overnight.
Carlos Egido
View from the Top
Carlos
Country Manager Mexico
X-ELIO
X-ELIO develops and operates utility-scale PV plants.
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