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ENEL And ENI Top the Energy Joint Ventures In Mexico

Italy is emerging as one of the leaders in the new, partially deregulated energy market.   This is thanks to a strategy that focuses on the creation of partnerships and joint ventures with local players.

In particular, two Italian-based heavyweights of the energy industry seem to be growing exponentially:
ENEL Green Power has been working in Mexico since 2007. Recently, ENEL won four large contracts for projects in the renewable energy sector and It is planning to invest USD 1.1 billion to expand its operations in the country.

ENI has won a contract for oil explorations in the shallow waters of the Gulf of Mexico and it could invest up to  USD 1.1 billion should the project be successful.