Spring Brings Simmering Diplomatic Temperatures
By ANTONIO GARZA, former U.S. ambassador to Mexico
Read moreTag Archives: Iberdrola
AMLO’s Second Nationalization Is a Costly Hoax
with the transfers of more financial resources to the CFE to cover its new deficit, the people of Mexico will bear the cost in higher electricity bills
Read moreAMLO Buys Iberdrola Plants, May Have Gotten Burned in Deal
After four years of verbally barraging the Spanish-owned Iberdrola energy company, the AMLO administration would now be purchasing the bulk of that company’s Mexican power-generating plants for the sum of $6 billion
Read moreAMLO Launches Attacks Against Federal Judges
By KELIN DILLON On Tuesday, July 19, Mexican President Andrés Manuel López Obrador (AMLO) used his daily morning press conference to attack the Mexican judges who granted suspensions against the executive’s favored policies and pet megaprojects, falling in line with López Obrador’s preferred strategy of publicly admonishing dissenters of his administration. AMLO took the opportunity to speak out against Specialized
Read moreAMLO: Foreign Companies Can Invest in Solar Energy Only through CFE
By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO) said on Thursday, July 14, in his daily press conference that there is strong interest from foreign investors to put up solar power plants in the country, but for this to happen control will be given to Mexico’s Secretariat of Energy (Sener), and the main partner will be the Federal
Read moreCRE Halts Iberdrola Wind Farm Operation in Guanajuato
By MARK LORENZANA Mexico’s Energy Regulatory Commission (CRE) prevented Spanish energy company Iberdrola from operating a wind farm in the central Mexican state of Guanajuato. Iberdrola had invested a total of $150 million in the wind farm. According to the CRE, its decision to stop the wind farm’s operations stemmed from a breach in permit that originally allowed Iberdrola to
Read moreAMLO Criticizes US for Preferring Electric Cars
By MARK LORENZANA Mexican President Andrés Manuel López Obrador (AMLO), in his morning press conference on Monday, June 13, claimed that the price of gasoline is skyrocketing in the United States mainly because the U.S. government has stopped investing in oil due to its preference for electric cars. “The United States has a serious problem because a gallon of gasoline,
Read moreIberdrola Fined More than Its Investment for Producing Clean Energy
PULSE NEWS MEXICO Mexico’s Energy Regulatory Commission (CRE) on Friday, May 27, fined Iberdrola Energía Monterrey an exuberant amount of 9,145,388,400 pesos for the sale of energy to customers that were not original partners in its self-supply permit. When Iberdrola opened the plant in question, its total investment was 9 billion pesos, that is 145,388,400 less than the fine imposed
Read moreCFE Refuses to Comply with Court Order to Restore Iberdrola to Grid
By THE PULSE NEWS MEXICO STAFF Despite the fact that a Mexican federal court last month granted a legal injunction to the Spanish energy firm Iberdrola that would allow it to continue operating its Dulces Nombres power plant in Pesquería, Nuevo León, and requiring that the country’s Federal Electricity Commission (CFE) reconnect it to the national grid, the CFE has
Read moreMexican Court Orders Iberdrola Plant Reopened
By THE PULSE NEWS MEXIXO STAFF After the Mexican government obtained a court order in February allowing it to disconnect two electric grids owned by the Spanish-owned energy firm Iberdrola in its Dulces Nombres plant, the company announced Tuesday, March 29, that is will once again begin operations in the near future. On Feb. 1, after the expiration of Iberdrola’s
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