Mexico to unveil energy investment vehicle in September 

Mexico plans to launch in September a new low-tax investment vehicle aimed at tapping markets to fund energy infrastructure in Latin America’s second biggest economy, four people familiar with the matter told Reuters.The new vehicle comes at a time of oil market oversupply that has depressed prices and reduced oil companies’ capacity to invest, but Mexico’s newly opened power market could still prove an attractive near-term destination.The sources said finance authorities are putting the finishing touches on rules for the vehicles, which will be similar to American “Master Limited Partnerships” (MLP) and modeled on Mexico’s successful real estate investment trusts (REIT) which are locally called FIBRAS.

Source: Mexico to unveil energy investment vehicle in September -sources | Reuters

Comments are closed.