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By MBN Staff - Fri, 02/16/2024 - 06:51
COFECE approved the acquisition of Iberdrola Mexico's power plants by Mexico Infrastructure Partners, outlining conditions to maintain competition.
https://mexicobusiness.news/tag/fonadin
More Logistics & Mobility
By MBN Staff - Thu, 02/15/2024 - 12:45
Puebla begins the construction of the Metropolitan Mass Transit System, which promises enhanced connectivity for 3 million residents.
By Perla Velasco - Thu, 10/26/2023 - 10:24
Mexico Infrastructure Partners (MIP) launched a US$2.42 billion issuance through Development Capital Certificates (CKD) on the Mexican Stock Exchange.
By Karin Dilge - Wed, 08/09/2023 - 09:36
Naturgy reports €$168million devaluation due to lower production at Mexican thermal plants, impacted by increased renewables competition.
By Sofía Garduño - Thu, 04/27/2023 - 10:00
This week, Mexico was recognized for its sustainable bonds. Meanwhile, CEPAL predicts that the country will grow by 2.0% in 2023.
By Emilio Aristegui - Thu, 04/20/2023 - 12:01
SHCP explains the purchase of Iberdrola’s 13 generation plants will cost about US$5.9 billion and will be mainly financed by FONADIN.
By Anmol Motwani - Fri, 04/14/2023 - 13:27
The US$6 billion investment, will account for approximately 80% of the Spanish giant’s energy business in Mexico.
By Eliza Galeana - Tue, 04/11/2023 - 10:29
Iberdrola will focus on renewable energy production in Mexico, with the aim to reach net zero global emissions by 2030.
By Anmol Motwani - Mon, 04/10/2023 - 17:20
Mexico’s public debt will not be affected by the Iberdrola purchase as FONADIN is not included in the public balance sheet., says Minister of Finance.
By Fernando Mares - Tue, 03/07/2023 - 14:08
BANOBRAS agreed that the country requires basic infrastructure to keep up with the forecasted growth driven by nearshoring.
