“One scenario to consider is if the electricity proposal is really something that will be voted on in the senate and the congress and that the government seeks to approve it, or if it’s actually just a political instrument that’s being used,” said Susana Ivana Cazorla Espinosa, founder and partner at SICE nrgy in Mexico City.

“Whether or not it is voted on, the message has been sent and the damage has been done to the sector. In the meantime however, the U.S. is using diplomatic measures — such as the import ban on avocados or increased tariffs — that do negatively impact Mexico,” she said.

Cazorla

Cazorla is a partner at SICE nrgy, a consultancy in Mexico City, which she founded in 2020. SICE advises companies on project development, investment opportunities and competition...