“Bigger investors, please,” says Mexican Energy Ministry

MXPE Weekly Essentials ft. intellectual property crackdown, USMCA deadlines due, and other highlights in Mexican politics, policy, and markets from the past week.

MXPE Weekly Essentials. Only the most important news in Mexican politics, policy, and markets from the past week.

Last week’s highlights:

• Too big to fail—Concerned about the small size of the applicants to its mixed renewables infrastructure projects, the Mexican government is requiring potential investors to up the size of their bid bonds to $10,000 dollars for every megawatt they seek to offer. The condition is for applicants to prove their solvency given the large cashflows, time frames, and investments required by these energy projects.
  These include plans for up to 15 new wind farms that need to be up and running by 2030 at the latest and which will require a capital injection estimated at $5 billion dollars.