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Mexican utility CFE's $16 billion investment plan faces risks -Moody's

Published 06/22/2021, 06:10 PM
Updated 06/22/2021, 06:16 PM
© Reuters.

MEXICO CITY (Reuters) - Rating agency Moody's (NYSE:MCO) Investors Service said on Tuesday that Mexican state utility CFE's investment plan of 326.5 billion pesos ($16.09 billion) through 2026 faces financial and execution risks.

Moody's said CFE could face reduced access to debt markets in the future due to a lack of clear policies on renewable energies and carbon emissions reductions by the Mexican government and the company.

($1 = 20.2950 Mexican pesos)

 

 

Latest comments

I wonder why China isn't asked to include "green" plans in their energy plans?
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