Archive:August 12, 2014

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Renewable Energy Reform Pushing Ahead in Mexico

Renewable Energy Reform Pushing Ahead in Mexico

Yesterday in Mexico City President Enrique Peňa Nieto signed into law the much anticipated landmark reform of the energy sector, ending a 76 year state run monopoly and opening the sector to foreign investment.  The energy reform act is one of the key goals of his administration.  “This represents a historic change that will accelerate the economic growth and development of Mexico in the coming years,” the president told hundreds of guests at a ceremony in the capital.

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