TAG Norte Holding, the parent company that holds the 450km Los Ramones Norte natural gas pipeline, has closed a US$332m, 20-year private placement through Allianz Global Investors amending terms on its debt.
Grupo Cementos de Chihuahua has signed a long-term renewables power purchase (PPA) agreement with Mexico-based company IEnova to fuel its Mexico operations, including the Juarez cement plant, its ready mix and aggregates operations, and corporate offices.
Mexican President Andres Manuel Lopez Obrador has said that his administration would review subsidies for renewable energy companies and would not reopen private oil and gas auctions this year.
US-based Equinix has closed the acquisition of three data centres from Axtel in a US$175m all-cash deal. The centres serve the Mexico City and Monterrey metro areas.
The Mexican government, through the Ministry of Finance, has released a draft cost analysis for the massive Tren Maya public-private partnership project.
Mexico’s environment secretary Victor Manuel Toledo has described lithium as Mexico’s “new oil”, following the discovery of what is reportedly one of the largest lithium deposits in the world in Sonora.
The Mexican government has opened up the bidding for the 42.26MW Baja California Sur VI 351 internal combustion power plant in Baja California Sur.