Tag Archives: Iberdrola

Judge Warns Closing Iberdrola Would Have ‘Devastating Consequences’

By THE PULSE NEWS MEXICO STAFF A federal judge in the northern Mexican industrial city of Monterrey, Nuevo León,  warned Monday, Feb. 14, that denying permit renewals to the Spanish-owned Iberdrola energy company would have “devastating consequences” for the companies it supplies. Iberdrola, one of several private Spanish-owned energy firms that have borne the brunt of President Andrés Manuel López

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32 Private Electricity Contracts at Risk

By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador’s (AMLO) proposed electricity reform would nullify at least 32 existing contracts with private electricity generators, especially those of independent energy producers, which, according to data from Federal Electricity Commission (CFE), are valued at 1.6 trillion pesos. To put that in context, that sum would constitute enough money to

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