Sheinbaum Aide Sees ‘Gigantic’ Capital Needs for Mexican Energy

  • Long-time ally of presidential frontrunner speaks in interview
  • Private investment might be required by state-dominated sector
Mexican Presidential frontrunner Claudia Sheinbaum Photographer: Alejandro Cegarra/Bloomberg
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Mexican presidential frontrunner Claudia Sheinbaum’s team is discussing whether the nation should revive auctions for electricity and oil projects to help finance its vast energy requirements.

The need for investment to boost capacity means that private players could potentially play a greater role in the nation’s state-dominated energy sector, said Diana Alarcon, one of the candidate’s closest aides.