Siemens Eyes Mexico Wind Market as Investment Law Relaxed
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Siemens AG, the biggest European engineering company, is considering opportunities in Mexican oil, gas and renewables industries after efforts by President Enrique Pena Nieto to open up the country’s energy markets.
“The upside is unbelievable,” Kirk Edelman, head of energy financing at Siemens Financial Services, the Munich-based company’s project-financing unit, said in an interview. “All of a sudden, you’re seeing a lot of wind development there.”