According to El Economista, private equity funds are looking to invest in profitable energy projects, including alternative and environmentally friendly schemes.(1) María Ariza, director of the Mexican Private Equity Association (Amexcap), has stated that $6 billion has been invested to date, and that private equity funds have a further $8 billion available to invest in profitable projects in Mexico.
At a recent energy forum held in Mexico City, Ariza stated that "from the opening caused by the energy reform, the country has become attractive for funds that were looking for investments with larger and long-term tickets".
Approximately 30 Amexcap funds invest in energy projects. For investors, opportunities lie not only in big energy projects, but also associated development projects, such as the construction of infrastructure and the development of services for surrounding communities.
Ariza has estimated that around 50% of investments made by Amexcap partners in the energy sector are concentrated in the oil and gas industry; the rest is split among sub-industries, such as renewable energy.
For further information on this topic please contact Luis Roberto Ruiz Munguía at Ibáñez Parkman y Asociados SC by telephone (+52 55 5250 5912) or email ([email protected]). The Ibáñez Parkman y Asociados SC website can be accessed at www.i-parkman.com.
(1) Available here.