Mexico Court Limits State Utility From Benefiting Off Renewables
- Ruling pauses clean energy certificate change country-wide
- Critics claimed changes would undermine clean power incentives
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Mexico’s clean energy producers scored a major victory as a judge granted a full suspension of a rule change that critics said would have damaged incentives for renewable projects.
A court in Mexico City approved a request for the suspension from France’s Elecricite de France, according to people familiar with the case who asked not to be identified as the information isn’t public. Clean energy companies including AES Corp and Enel SpA filed for injunctions in courts across Mexico after an Energy Ministry decision to grant old, government-run plants credits that were designed to spur new development.