Before the reform, Mexico closed its energy monopoly to competition, which proved counterproductive to developing infrastructure, improving services, energy pricing, and servicing. The deregulated program intended to change all of that with foreign capital investment and the creation of a renewable energy program on a national level.
Although deregulation created diversification, the government’s recent actions address the existing platform while returning control to CFE. As a result, expect capital flight, rate increases, and impact on foreign-owned maquiladoras.
The new MEM may dwarf all forecasted infrastructure under the deregulated market. In addition, maquiladoras must secure their supply chain before reverting to governmental resources lacking in services and scheduling operations. However, there are also opportunities related to this crisis.
Atlas Clean Energy (ACE) began as a consultancy for California businesses and their offshore manufacturing sites (maquiladoras) across the US–Mexico border. We quickly identified operational functions in need of improvement between parents and subsidiaries, especially regarding energy procurement programs.
Atlas Clean Energy (ACE) began as a consultancy for California businesses and their offshore manufacturing sites (maquiladoras) across the US–Mexico border. We quickly identified operational functions in need of improvement between parents and subsidiaries, especially regarding energy procurement programs.
Atlas is focused on local companies and government institutions in America and abroad. Our specialities ate LATAM and the Mexicain energy market as it continues to deregulate and focus on green energy.
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