Since its founding in 1994, CCN has developed its energy practice by advising clients on various aspects of the energy sector that were previously opened to private investment participation, such as generation of electricity for self-supply and transport of natural gas. With CCN’s guidance, the firm’s clients have participated in the bidding processes for supply and service contracts with Petróleos Mexicanos (PEMEX) and the Mexican Federal Electricity Commission.
In recent years, technological advancements in the unconventional production of hydrocarbons, along with the generation of renewable energy, have revolutionized the international energy market. In Mexico, the constitutional reform of 2013 marks the most significant change in decades to Mexico’s energy sector. The stage has now been set for private investment participation from both domestic and foreign players in many of the activities in the energy value chain that were previously reserved to the Mexican federal government. Increased competition will result from these new game changing rules, which will be documented in laws, regulations and contracts.
CCN offers knowledge, experience and a specialized legal team equipped to advise companies investing in the energy sector in Mexico, as well as those that are beginning to explore the new business opportunities stemming from the opening of the sector to private participation.