Physical Investment in the Mexican Government’s Strategic Projects Grows
Federal physical spending jumped 62.6% in real terms in July, driven by a 130.6% surge at Pemex.
Federal physical spending jumped 62.6% in real terms in July, driven by a 130.6% surge at Pemex.
Sheinbaum said data centers should serve Mexico’s own AI, not other countries, with the power that runs them kept under public-sector control.
The 739-billion-peso plan will lift the public sector to 61% of generation, cut gas dependence, and build the Americas’ largest solar plant in Sonora.
A 21.4-billion-peso plan with 45,182 works will prioritize the Seri people, the Sierra Tarahumara, and other Indigenous and remote communities still off the grid.
This is the fifth plant installed in the country to generate cleaner energy, adding 357 megawatts to the General Manuel Álvarez Moreno thermoelectric complex.
Mexico’s public energy utility aims to ensure that 4,473 communities, primarily in rural areas, Indigenous communities and marginalized urban areas, will have electrical services by the end of 2028.
The director of Mexico’s public energy enterprise identified energy justice, the prohibition of profit-making, planning and expanding internet services as key elements advancing the re-socialization of the utility.