With the ongoing energy reform in Mexico, many domestic and foreign companies are eager to participate in the Mexican oil and gas renaissance. One of the biggest opportunities is the need for investors to develop midstream capacity to support new exploration and production.
On this regard, Mexico’s president said that a new energy investment vehicle will be introduced.
On Wednesday September 2nd, Mexican President Enrique Peña Nieto declared that his government would soon introduce a new investment vehicle on the stock exchange aimed at tapping markets to fund energy infrastructure projects.
Peña Nieto mentioned the creation of Fibra E in his annual address to the nation.
Reuters reported last week that finance authorities are putting the finishing touches on rules for the vehicles, which will be similar to American “Master Limited Partnerships” (MLP).
A master limited partnership (MLP) is a limited partnership that is publicly traded on an exchange. It combines the tax benefits of a limited partnership with the liquidity of publicly traded securities.
MLPs pay their investors through quarterly required distributions, the amount of which is stated in the contract between the limited partners (the investors) and the general partner (the managers).
(Reporting by Joanna Zuckerman Bernstein)
more recommended stories
11 year-old girl will represent Yucatan at World Mathematics Olympiad in Bulgaria
To get to Molas you have.
Mérida attracts Chinese business sector attention
A delegation of the municipal government.
Yucatán national leader in avant garde technological solutions
Scientific staff will learn to market.
Fake photo brings out real issues
Social media users began circulating a.
As he continues leading the polls, AMLO has surrounded himself with mainstream economists
Mexican front runner presidential candidate Andrés.
Rate President Donald Trump’s Job Performance
Newsmax.com, America’s leading independent news service,.
Mérida, among the 10 best cities for doing business: “Entrepeneur”
During the present municipal administration Mérida.
Trump told Shinzo: “I can hand you over ’25 million Mexicans’ to give you a taste of the migration problem”
President Donald Trump reportedly made some.
Mérida breaks ground for the new “Litoteca Nacional de Yucatán”
MÉRIDA, Yuc.- The inauguration ceremony of.
New Companions And Fun Time In Video Chat
If you are willing to find.