Our partners Jorge Oria and Santiago Zardain have contributed to the "Law and Practice" and "Trends and Developments" sections of the Mexico chapter in Chambers’ Project Finance 2024 Guide.
The "Law & Practice" section provides a comprehensive analysis of the current legislation and regulatory practices regarding project financing in Mexico, covering key topics such as:
- Project Finance Panorama
- Guarantees and Security Enforcement
- Foreign Investment
- Structuring and Documentation Considerations
- Bankruptcy and Insolvency
- Insurance
- Tax
- Applicable Law
Furthermore, our experts analyze the evolution of project financing in Mexico, the impact of recent constitutional reforms and public policies, as well as the opportunities, regulatory challenges, and changes in the private investment landscape in strategic sectors such as energy, infrastructure, and digitalization.
Key trends and developments include:
- Mexico's project finance market grew steadily, especially in power and midstream, after the 2013 reforms.
- Since 2018, large infrastructure projects have been assigned to the Mexican Army and funded through the federal budget.
- Recent changes to Mexico's legal framework raise concerns for investors, including potential risks to the rule of law.
- These reforms may reduce private investment and lead to conflicts under the USMCA framework.
- The new administration supports renewables but must address challenges like clean energy access.
- Mexico’s success in attracting companies relocating from Asia depends on infrastructure, clean energy, and investor protections.
We invite you to read the full article to learn more about this topic.
In case you have any questions, please contact our Energy and Infrastructure Projects experts (see details below).
