CFE secures 20bn pesos for power plants; half to solar, hydro, combined cycle

Mexico's state utility CFE has secured 20,000 million pesos in financing, with half earmarked for photovoltaic, hydroelectric, and combined cycle projects. The allocation signals a continued state-led push to expand generation capacity, though project timelines and specific sites remain unspecified. This investment could bolster Mexico's energy security and support industrial demand, but execution risks persist.