Francisco Salazar, Enix
View from the Top
Francisco Salazar
Founding Partner
ENIX
Francisco Salazar explains how the company is navigating the COVID-19 atmosphere, as well as provides insight into the sector's opportunities.
Francisco Salazar
View from the Top
Francisco Salazar
Founding Partner
Enix
https://www.linkedin.com/in/francisco-xavier-salazar-diez-de-sollano-22351b126/
Enix is a specialized consulting company with a focus on project development and regulatory advisory for the energy sector.
MEF 2019
News Article
Mexico Energy Forum 2019: Energy Efficiency to Guarantee Supply panel highlights
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.
Francisco Salazar
View from the Top
René Narváez
René Narváez
Associate
Enix
Enix is a specialized consulting company with a focus on project development and regulatory advisory for the energy sector
Alan Sakar
Roundtable
Alan Sakar
Alan Sakar
Associate
Clifford Chance Project Development and Finance

Mexico has made tremendous efforts in the design and implementation of the wholesale market, but the real success of Mexico’s reform will depend on the proper execution of the grid modernization plan designed by the Ministry of Energy and CFE. Without a reliable electricity system and a smart grid, Mexico’s energy-mix goals will be difficult to attain. To that end, CFE published the pre-tender documentation for the development of transmission lines in 2016, under build-operate-transfer schemes, and the Ministry of Energy recently unveiled a new contracting model for the development of transmission lines with private parties, for the design, financing, construction, operation and maintenance of transmission lines for 30 years. This is the next step in the implementation of Mexico’s reform.

Mexico is consolidating the ambitions outlined in the Energy Reform and translating them into business opportunities
Óscar Bernal
Roundtable
Óscar Bernal
Óscar Bernal
Director General Mexico
Eosol Energy

Due to the regulations for CEL requirements from the beginning of 2018, CFE needs to acquire a large amount of CELs to compensate for the energy it still produces using fossil fuels. The CELs are expected to attract tremendous demand when they become available so everyone believes CEL prices will increase dramatically. Eosol’s strategy formed almost in response to the auctions due to the absence of private projects. With our full-equity advantage, clients started knocking on our door. In the last 10 months, we have received more renewable energy development projects than in the six years since our company was established.

The country’s regulatory authorities responded to this necessity with the design of a secondary energy trading market: CELs.
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