Supply Chain News

Grupo Bimbo pledges to run 100% on renewable energy worldwide by 2025
Mexican multinational bakery Grupo Bimbo announced it has commitment to use 100% renewable energy for its electricity throughout the world by 2025. The largest baking company in the world is the first firm in Mexico and Latin America to join RE100, a global, collaborative initiative of The Climate G...
Pemex and Talos Energy sign plan to share oil fields
Petróleros Mexicanos (Pemex) and the operator Talos Energy signed a unification agreement between the oil fields Amoca-Yaxche-03 and block 7. The alliance establishes a procedure for them to operate jointly if the existence of a shared deposit is confirmed, defining a process to determine the perc...
Investment in the oil industry to grow 27%, says Citibanamex
The oil opening in the form of equity instead of debt will be equivalent to a 27% increase in the amount of foreign direct investment (FDI) committed to Mexico, said Citibanamex, Citigroup's Mexican subsidiary. Based on the results of the company’s report “Examination of Mexico’s economic sit...
Italian group Enel Green Power starts construction of US$ 115 million wind farm in Coahuila
The Italian developer of power infrastructure Enel Group announced that its renewable subsidiary Enel Green Power Mexico (EGPM) has begun the construction of the 100 MW Amistad II wind farm in the northern State of Coahuila.  Amistad II is the first project to start construction of those awarded i...
X-Elio US$71 million solar plant in Guanajuato close to completion
Spanish solar energy developer X-Elio invested US$71 million in the construction of a new 71 megawatt (MW) photovoltaic plant in Guanajuato. According to X-Elio, the project, whose construction is about to be done, is part of the company’s strategic plan for growth and investment in the country, ...

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