Francisco Salazar, Enix
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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.
Leonardo Beltran, Francisco Salazar, Jeff Pavlovic, Miguel Alonso and Eduardo Arriola.
News Article
Although bigger projects have been put on hold, private auctions are being created to fill the void, according to the final panel of the MEF.
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: Industry Has Not Seen the Last of CRE 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
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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