On 30 September 2021, the President presented to the House of Representatives a Bill seeking to amend articles 25, 27 and 28 of the Constitution of the United Mexican States, in energy matters. The Bill to amend the Constitution proposes the following: (i) substantial changes in both public policies, and the regulation of the electricity and hydrocarbon industries; (ii) nationalizing the right to the exploration, use, and exploitation of lithium, and, (iii) establishing that no future concessions will be granted.
In brief The Mexican government published a Decree that amends and incorporates several provisions of the Power Industry Law (“Amendment”) in the Federal Official Gazette on 9 March 2021. The Amendment will severely affect the business of private entities investing in the power industry. Recommended actions We consider that the…
As the energy, mining and infrastructure industry in Latin America looks ahead to the new year, we present the Latin America EMI Hot Topics Guides for 2021 to facilitate discussions about the key trends we see in each sector. We invite you to read the guides to learn more about…