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Engineer Eduardo Oviedo has taken over the Energy Ministry and the state utility ENEE amid an institutional reset. His technical profile aims to stabilise the power system and move forward with a flagship tender that has already attracted more than ten companies.
With more than 25 years of experience in the power sector, Pereira takes office at a critical juncture, with over 10 GW of renewable projects under development, USD 12 billion in investments awaiting regulation, and presidential elections scheduled for 2026.
The president met with Mexico’s leading banks to request tailored financing schemes for renewable generation and power transmission projects to be announced shortly. One day later, the state-owned utility CFE formalised a new regulatory framework allowing mixed contracts with private companies, sharing investment, risk and operations under profitability and sustainability rules.