Mexico Postpones Clean-Energy Auction
The new administration of López Obrador, who took office Saturday, will review the plan
MEXICO CITY—The Mexican government on Tuesday suspended a planned auction of long-term clean-energy contracts as the new administration of President Andrés Manuel López Obrador reviews the plan.
Mr. López Obrador, who took office Saturday after winning July elections by a landslide, is skeptical about Mexico’s opening of the energy industry to the private sector, and plans to increase investment at state oil company Petróleos Mexicanos and state-owned electric utility CFE.
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