Focused on renewables, including solar, wind and geothermal, the auction will be concluded in March 2016. The cap prices are expected to be announced in late January.
Since mid-2014, Mexico has been enacting reforms that opened up the power sector to private investment for the first time and introduced market mechanisms to contract the cheapest and least polluting power first, breaking the virtual monopoly of state utility Comisión Federal de Electricidad (CFE).
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