Overview
- The government is in the final stage of picking winners for mixed public–private plants after interest far outstripped the initial goal, with offers reported from 17,000 MW up to 34 GW.
- Under the scheme, the state utility CFE holds 54% and private partners 46%, with power purchase deals of up to 25 years that commit CFE to buy about 70% of output and allow the rest to sell into the market.
- Energy leaders say the push aims to lift renewables from 24% to 38% of generation by 2030 and to reach 99.9% household electrification by 2029, with Plan México also flagging large new storage capacity.
- CFE reports service gains that include fewer outages and a new milestone of 50 million active customers, with national coverage at 99.64% and connections reaching communities that lacked grid power.
- An opinion column in the Mexican press criticizes the model as a step back toward state dominance and warns of higher regulatory risk, contrasting with officials’ claims of transparent, bankable terms.