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At the end of January this year, Mexico inaugurated its first ever competitive wholesale electricity market. A few months later, it awarded contracts worth some US$2.6 billion in the first long-term energy supply auction. Both events are the result of the historic transformation that the local electricity sector has undergone since in December 2013, when the government enacted reforms. This report will examine the progress of the reforms so far, the next steps, and the investment opportunities that have arisen in the country.
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