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The International Society for Mexico Energy (ISME), a non-profit energy business advocacy group, is launching its Mexico City chapter with an inaugural meeting to be held on Nov. 14 at the EGADE Business School in Mexico City. A meeting previously scheduled for late September was canceled due to the earthquake disaster that struck Mexico City.
Burns & McDonnell is a founding partner of ISME, an organization chartered to help businesses navigate Mexico's evolving energy and power markets in the wake of Mexico's deregulation and partial privatization of its power and energy sectors.
“This is a time of tremendous opportunity both for businesses within Mexico and for multi-national businesses looking to invest in Mexico,” said Noé H. Sáenz, president of the ISME Board of Directors and Manager of Mexico Operations for Burns & McDonnell. “When you have dramatic changes like these going on in the energy and power sectors, there is a great need for accurate information and basic education on best practices. ISME was formed to build bridges between Mexico and all the players in the power and energy world and our mission is to help all our members be successful.”
Mexico has implemented far-reaching reforms of its power and energy industries, opening both sectors up to private investment in 2013 after decades of monopoly control by state-run enterprises PEMEX and Comisión Federal de Electricidad (CFE). The reforms are creating a surge of attention between both U.S. and international businesses.
ISME is chartered to help serve as a clearinghouse of best practices and accurate information for businesses and others looking for business opportunities.