Welcome to Debtwire and InfraLatinAmerica's 8th annual forum!
According to InfraDeals data, 35 financial closings totaling over USD 11bn for various infrastructure projects were reached in 2016 throughout Mexico. This was split between transportation (USD 6.143bn) and power and renewables (USD 5.192bn) assets and represented a growth of 32% from 2015. This data comes as no surprise considering reforms made to the energy and transportation sectors. For instance, relatively new “P3” legislation has enabled officials to embark on 18 infrastructure projects requiring MXN 36.5bn in investment for later this year. Additionally, lucrative energy/power asset opportunities will spring up following the establishment of a wholesale electricity market under an independent system operator.
Minding risk and distressed strategies, investors will hear about the restructuring efforts of infra operator Empresas ICA, oil drillers and pipeline company Arendal. Also, panelists will address proposed US government tariffs and corresponding impact on Mexican auto part makers, such as Nemak and Rassini.
This year's Mexican Debt and Infrastructure Forum will provide greater perspective on the evolution of infrastructure projects and opportunities in distressed assets that weigh largely on the minds of institutional investors.