April 30, 2016 1:25 PM ET

Electric Utilities

Company Overview of Comisión Federal De Electricidad SA de CV

Company Overview

Comisión Federal De Electricidad SA de CV generates, distributes, and markets electric power primarily for household and industrial customers in Mexico. The company generates electricity through thermoelectric, hydroelectric, coal-fired, geothermal, wind, and nuclear sources. It operates generating plants; and power lines that transmits and distributes electric power. The company also provides telecommunications services, such as leased bandwidth services to enterprises, telecommunications carriers, and government entities; and operates fiber optic network. In addition, it offers technical services, including evaluation, development, and improvement counseling of quality direction systems; s...

Reforma 164

Col. Juárez

Mexico City, DF 06600

Mexico

Phone:

52 55 52294400

Fax:

52 55 55536682

Key Executives for Comisión Federal De Electricidad SA de CV

Chief Executive Officer
Age: 43
Director of Finance
Accounting Manager
Deputy Director of Financial Control
General Director
Compensation as of Fiscal Year 2015.

Comisión Federal De Electricidad SA de CV Key Developments

CFE Opens Solar Plant, Advances Baja Peninsula Electrification

CFE has opened a 342kWh capacity, 468-panel solar plant in Muleg, in Baja California Sur state, the first of 40 such plants designed to bring electrification to areas on the peninsula that have remained off-grid until now. The Muleg plant will supply electricity to local households, schools and a hospital in the village of Luis Echeverría, for which new distribution infrastructure has been put in place. The village relies on gas for refrigeration and has to ship in ice from neighboring towns, while clothes are ironed by heating an iron in an open fire. The town has no mobile telephone signal and the only telephone connection will depend on electricity supplied by the new solar plant and the only WiFi installation will be the one used to monitor the plant, it added. The Baja California peninsula has a separate grid to the rest of Mexico. The project to bring electrification to the peninsula's off-grid areas is being coordinated by the energy ministry (Sener) with support from the World Bank, and similar plants will be built in other areas of Baja California Sur to supply residents with electric power. The new solar plant has a 48-hour backup battery, allowing it to supply electricity to the community even when there is no sunlight. During the inauguration of the plant, residents were asked to use no more than two domestic appliances at any one time, and to make rational use of the electricity.

Gamesa and CFE Sign a Memorandum of Understanding for the Co-Development of Wind Power Projects

Gamesa and CFE have signed a memorandum of understanding for the co-development of wind power projects. The two companies have pledged to promote technological, industrial and supply chain development in the wind power sector in Mexico. The agreement also sets out plans to promote research, development and innovation in the wider renewable energy field, as well as opening the possibility for the CFE to participate in wind projects in which Gamesa has a stake in other Latin American countries, as well as in the US. In addition, the agreement calls for the 'extension of best practices' in wind farm operation, maintenance and control.

Acciona Signs Memorandum of Understanding with CFE to Jointly Develop Renewable Energy Projects in Mexico

Acciona and CFE will jointly develop renewable energy projects in Mexico. The companies signed a memorandum of understanding to pursue wind, photovoltaic solar and hydropower projects following Mexico's 2014 energy reforms that liberalized the energy sector. Subsidiary Acciona Energía operates four wind farms totaling 557 MW in Oaxaca state. Acciona is also building the Ventika and Ventika II wind farms totaling 252 MW in Nuevo León state, and the 49.5 MW Ingenio wind farm in Oaxaca.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Comisión Federal De Electricidad SA de CV, please visit www.cfe.gob.mx. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.