AMLO’s Two-Day-Old Electricity Law Suspended in Mexico Court

  • Federal court said the suspension should apply nationwide
  • Decisions are setback for Lopez Obrador’s push to protect CFE

Andres Manuel Lopez Obrador

Photographer: Luis Antonio Rojas/Bloomberg
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President Andres Manuel Lopez Obrador’s new law that prioritizes Mexico’s state utility over private companies has hit its first major judicial hurdle two days after it was ratified, when a court granted a provisional suspension to at least two companies.

In the decision, which was handed to Eoliatec del Pacifico SAPI de CV and another unnamed company, the federal district court said the suspension should apply country-wide. Eoliatec del Pacifico is a wind farm partnership between divisions of France’s Electricite de France and Japan’s Mitsui & Co.