Comisión Federal de Electricidad (CFE) is Mexico's state-owned electric utility company, established in 1937 and headquartered in Mexico City. Its primary purpose is to generate, transmit, and distribute electricity across the country, ensuring a reliable power supply to residential, commercial, and industrial users. CFE operates a diverse portfolio of power generation facilities, including hydroelectric, thermal, and renewable energy sources, positioning itself as a cornerstone of Mexico's energy infrastructure.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CFE has been a significant player in the bond market since the early 1990s, issuing bonds to finance its extensive development projects and infrastructure improvements. Notably, in 2018, CFE issued a $1 billion green bond to fund renewable energy initiatives, showcasing its commitment to sustainability. Currently, its bond yields are competitive against the industry standard, typically offering favorable terms, such as callable features that appeal to a variety of investors. In recent news, CFE has announced plans to increase its bond issuance to support its ambitious transition towards cleaner energy sources.