AMLO settles Canadian companies’ disagreements with electricity policy

President Andrés Manuel López Obrador reported on Thursday that an agreement had been reached with Canadian companies who had expressed their disagreement with the reform of the electricity sector and for which Prime Minister Justin Trudeau had intervened during the last meeting. bilateral.

“Yesterday I was with business people from Canada who had disagreements, now that Prime Minister Trudeau has come he asked me if we were going to take care of it, and personally, with the economic cabinet, we We’re dealing with four Canadian companies and we’ve solved all four problems. without any obstacles, which had to be dealt with problems in the electricity sector and we have done it with American companies and we are still seeking conciliation,” he commented during his morning press conference. .

One of these companies is the long-term investment fund Caisse de Dépôt et Placement du Québec (CDPQ), which in 2017 together with a group of Mexican institutional investors bought 80% of a portfolio of 8 wind projects and company solar panels. State, Enel.

On January 11, within the framework of a bilateral meeting, López Obrador agreed with Trudeau to grant a hearing to companies in his country that consider themselves wronged by the reform of the electricity sector which benefits Petróleos Mexicanos (Pemex ) and the Federal Electricity Commission. (CFE) above foreign companies.

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According to the federal president, there are 125 mining companies in Mexico, two of which have expressed concerns about insecurity in the places where they operate, mainly Guerrero.

However, the federal chief executive said those concerns have also been addressed by his administration.

“I told Canadians that there are 125 Canadian mining companies and we only have problems in two and they are also right, that they are extorted in Guerrero, by groups that are dedicated to crime, but we are already dealing with it, but only two”, revealed.

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Trix Barber

"Amateur bacon nerd. Music practitioner. Introvert. Total beer junkie. Pop culture fanatic. Avid internet guru."

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