CFE Brings Private Capital into an $8.177 Billion Transmission Plan

Forbes México reported on August 14 that the Comisión Federal de Electricidad (CFE) presented a portfolio of 58 transmission projects for 2026-2027 and is seeking private capital to finance them. In parallel, CFE Capital is preparing an issuance of Fibra E certificates, the company's private investment vehicle, for one billion dollars, according to El Heraldo on the same date.

The portfolio groups 138 transmission lines and 249 substations into 49 bidding packages, with mixed financing between Fibra E and publicly financed works, according to the CFE press release. Five projects are currently under tender for more than 1,048 million pesos, and another 14 will go to tender for above 6,700 million pesos. The projects form part of the Strengthening and Expansion Plan 2025-2030, which the Office of the President valued at 8,177 million dollars for the National Transmission Grid (RNT), benefiting 50 million users. The launch comes amid rising electricity demand that, according to CFE, is placing pressure on the grid across various regions.

CFE Director General Emilia Calleja Alor stated that "the coordination between those who plan, finance, build, and operate the electricity system is key to guaranteeing its viability." The issuance being prepared by CFE Capital aims to raise Fibra E's share of RNT collection rights from 9.5% to 13%, a share that stood at 6.78% when the vehicle debuted in 2018, according to El Heraldo. In September 2025, the trust raised 725 million dollars with demand ten times greater than the amount offered, from 240 investors across 32 countries, according to Xataka México. Bank of America, Citi, and Santander are coordinating the transaction. The electricity sector expansion plan for 2026-2030 contemplates 739,000 million pesos to add 32,475 MW of generation capacity, with 36% from CFE's own resources, 44% through mixed schemes, and 21% private.

The issuance is pending final regulatory approval, and El Heraldo places its closing in early October. The result will measure international appetite for Mexico's transmission grid and confirm whether private capital is becoming a structural element of the plan.

This article was drafted with artificial intelligence assistance from verified sources and reviewed by a human editor prior to publication.