16453
$16b Infrastructure Spending
Energy

$16b Infrastructure Spending

Comision Federal de Electricidad (CFE), Mexico’s state-owned power company, expects $16.6 billion will be spent on infrastructure including pipelines and power projects in the coming years as the nation opens to outside investment. The CFE is planning for 14 natural gas pipelines, 14 renewable energy projects and six combined-cycle natural gas generation plants, Chief Executive Officer Enrique Ochoa was quoted by Bloomberg as saying.

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