Mexico Studies $4 Billion Energy-Financing Plan for Renewables and Grid Expansion

Mexico · Energy Key Facts —Structure The umbrella-financing package would use development bank Banobras as the main funder, potentially combined with capital from government, banks, and institutional investors. —Funding Scope Banobras can provide as much as 80 billion pesos (about US$4.6 billion) to back roughly three dozen recently awarded renewable energy projects, mostly solar. —Timeline…