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.
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IGSA is a Mexican leader in the manufacture of power plants with over 45 years of experience
Director General Mexico
The country’s regulatory authorities responded to this necessity with the design of a secondary energy trading market: CELs.