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Mexico announces fourth long-term energy auction
Publication | March 20, 2018
Mexico´s National Energy Control Center, known as CENACE, has announced the fourth long term energy auction.
As with the previous auctions, the purpose is to provide the Mexican Basic Service Supplier (“CFE Basic Supply”) with capacity, power and clean energy certificates to fulfill its demand.
Key dates
| Initial auction terms | March 28, 2018 |
| Final auction terms | May 30, 2018 |
| Prequalification | October 11, 2018 |
| Award | November 2, 2018 |
| Signing | February 15, 2019 |
| Commercial Operation Date (“COD”) | January 1, 2021 |
Recent publications
International focus
The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Act 2019 passed Parliament last week and received royal assent shortly after.
Case notes: Insurance Premium Tax on cross-border M&A insurance: ECJ decision on location of risk
The Court of Justice of the European Union (CJEU) has delivered its decision in A Ltd, a case concerning the location of insured risk, and therefore which jurisdiction can charge IPT, on cross-border M&A insurance policies.
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