By David Casallas?/?Business News Americas
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The future of renewable energy in Mexico is challenged by the country's hydrocarbon-dependent economy, Miriam Grunstein of international law firm Chadbourne & Parke told BNamericas.
There are "gigantic commitments to hydrocarbon industry infrastructure," according to the lawyer.
Grunstein highlighted that Enrique Pe?a Nieto - set to be Mexico's next president - will likely promote the current exploration and production service contractual scheme.
"Pe?a Nieto no longer speaks about opening Pemex to private equity owners, but rather opening Pemex externally, that is, allowing it to enter into more commercially attractive exploration and production contracts," she added.
The first of a two-part interview with Grunstein will be published in this week's Oil & Gas Perspectives, for subscribers. Grunstein recently joined Chadbourne & Parke's Mexico City office as an international counsel in the project finance and energy group.
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