Despite Strong Push, Mexico Electricity Bill Unlikely to Pass, Says Eurasia’s Petersen

Eurasia Group senior analyst Carlos Petersen forecasts that the Mexican electricity reform has very low odds of approval.

The bill “would have to be modified and considerably different than it is currently to have any chance of approval,” Petersen told NGI’s Mexico GPI. The constitutional reform is set to be voted on in the nation’s congress this month. “If the opposition will not support the bill, the U.S. will challenge the changes made to the proposal, and the private sector doesn’t want it to pass, the bill would be rejected if voted upon in its current state.”

Petersen, who has been a senior analyst at Eurasia Group since 2014, provides analysis and advice to energy, financial, corporate and government clients on political and economic developments in Latin...