As part of President Enrique Peña Nieto’s visit to the UK this week, the UK and Mexico have announced the “Year of the United Kingdom in Mexico” and the “Year of Mexico in the United Kingdom”, a "Dual Year" which aims to increase cooperation between the countries.
At the same time CMS, in partnership with associate firm Woodhouse Lorente Ludlow (WLL), has been selected to advise the Mexican Ministry of Energy (SENER) on the reform of the electricity industry in Mexico. This historic reform project has huge profile in Mexico and globally, and cooperation in the field of Energy is a key area of discussion during the President’s visit.
The reform of the energy market includes the opening of electricity generation to the private sector, the creation of a wholesale electricity market, legal separation of the incumbent utility companies, market opening to the private sector, the introduction of clean energy obligations and many other major changes. The reform will be the biggest change to the Mexican electricity market in over forty years.
The CMS team is being led by London Partner and Head of Clean Energy, Munir Hassan, and WLL’s Managing Partner, Derek Woodhouse, with support from Dame Fiona Woolf and a large team including Robert Lane, Rafique Khan, Lee Donovan, Kilian McConnell, Sarah King, Dalia Majumder-Russell and Kevin Sharara in London, and Luis Fernandez, Ramses Franco and César Díaz Sacal in Mexico City.
This appointment builds on CMS’ past role as advisor to the México Federal Government in relation to the proposed reform of the energy sector in Mexico in the late 1990s. The reform implementation is expected to take 18 months.