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Tailor-made generators manufacturers
Tailor-made generators manufacturers

CFE, Mexico, plans a US$8.5 billion grid upgrade

Mexico’s state-owned utility, CFE, plans to raise funds in international capital markets to help finance US$ 8.5 billion of investments to modernize and expand the country’s aging transmission network, it was announced in April.

CFE uses CFE Fibra E to finance investments in transmission and distribution. Private investors hold 75 per cent of the entity, while CFE owns the remaining 25 per cent. CFE Capital manages the trust.

In September 2025, CFE Fibra E completed its first international secu- rities offering, a US$ 725 million bond issue. The offering was oversubscribed by nearly 10 times, with 240 investors from 32 countries participating.

The International Finance Corporation invested US$ 75 million in the inau- gural placement.

While CFE has a monopoly on trans- mission and distribution, it is increas- inglyopentousingprivatecapitaltofund itsprojects.Includingnewpowerplants, the company’s total expansion plan for 2025-2030willcostUS$28.2 billion.

Tailor-made generators manufacturers
Tailor-made generators manufacturers

Contractor sought for Gogo redevelopment project in Kenya

Kenya Electricity Generating Company (KenGen), Kenya’s state power producer, has launched an international tender for contractors to implement the 8.6 MW Gogo hydropower redevelopment project. Prequalification bids are invited by 2 July 2026. The consulting services are to be financed by the Government of Germany through KfW Development Bank (KfW).

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New hydro plants planned to supply Zambian mining industry

First Quantum Minerals (FQM), a Canadian mining and metals company, and the Anzana Electric Group of Zambia have formed a strategic collaboration to develop new hydro projects in northern Zambia, with plans for Anzana, formerly known as Virunga Power, to provide up to 50 MW of reliable baseload power by 2030 to support FQM’s mining operations in Zambia’s North-Western Province.

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