Lawyers in Mexico expect a slew of lawsuits to be filed in response to the Mexican government’s move May 15 blocking dozens of solar and wind projects ready to go online, halting more than a dozen others under construction and curbing production at existing private facilities that compete with the state-owned electricity company.
The government said its directive, published by the Energy Ministry, was made to ensure power supplies are not interrupted during the COVID-19 health crisis. But lawyers said it deals a death blow to private electricity generation, and a coalition of business chambers in the country labeled the move a “frontal attack on legal certainty of investments in Mexico.” They said it will harm projects worth more than $30 billion.
