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Dei/Sole 24 Ore: Mexico: Union Fenosa aiming at power generation market

Gas Natural Fenosa will invest 11 billion pesos (850 million dollars) in Mexico’s power generation market over the next 4 years, Angel Larraga, the chief executive of the Mexican branch of the group, has announced. The company will be focusing on supplying natural gas to independent producers who have begun operating in the country. The first project will be a 280-kilometre gas distribution network in the Cuajimalpa region, where pre-supply contracts have already been signed with 1400 customers. Gas Natural is already active in Mexico city Federal District, where it has 390,000 customers.

The liberalisation of Mexico’s energy markets is attracting numerous international investors to the country. With this in mind, the Farnesina and Unioncamere have organised a webinar to illustrate the opportunities for Italian companies in the sector. The webinar, for which registration is free, will take place at 17.00 on 10 July. ( inar=10). Source: Il Sole 24 Ore Radiocor
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