Grupo México reported that on March 16, 2021 the New Fenicias Wind Farm was energized, allowing the start of the testing period and delivery of energy to the grid. The Nuevo Fenicias Wind Farm is a 168MW renewable project, located in the state of Nuevo León, presents a
Grupo Aeroportuario del Centro Norte (OMA) registered a 37.8% decrease in its passenger traffic in the first quarter of 2021, totaling 3.0 million. Based in Monterrey, Mexico, the airports with the lowest drop in passengers, in percentage terms, compared to the first quarter of 2020 were Culiacán, Ciudad
The peso closed the session with a depreciation of 0.91% or 18.2 cents, trading around 20.05 pesos per dollar, with the exchange rate touching a minimum of 19.8534 and a maximum of 20.0726 pesos. With today’s depreciation, mexican currency accumulates a loss of 1.16% or 22.9 cents in
América Móvil lowered its revenues 0.8% in the first quarter of 2021 year-on-year, to 248,186 million pesos. At the same time, the company registered a net profit of 1,810 million pesos. Comparatively, in the first quarter of last year, América Móvil had a net loss of 28,862 million
The Federal Economic Competition Commission (Cofece) of Mexico conditioned the concentration between Corporacion G500 S.A.P.I. de C.V., G500, S.A.P.I. de C.V., G500 Network, S.A.P.I. de C.V. and Glencore Energy MX, S.A. de C.V. At the beginning, on February 10, 2020, G500 SAPI and Corporación G500 notified Cofece of
Investment Minister Gerry Grimstone announced Tuesday the creation of an Investment Council to act as an advisory body to the UK Government on foreign investment. Also the Investment Council aims to improve the UK business environment for foreign investors. Comprised of senior private sector leaders from around the