BMI View: Mexico is emerging as a key renewable energy player in Latin America, thanks to its relatively appealing investment climate and attractive policy framework for renewables – which is evidenced by the strong project pipeline, particularly for wind. That said, we flag policy continuity and the country’s focus on gas generation as key downside risks to the renewables industry’s expansion. We previously noted that Mexico’s adoption of the ‘General Law on Climate Change’ in June 2012 could be a turning point in the country’s energy agenda, as the implementation of the new legislation has the potential to improve the …
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