FIBRA-E: Promoting Energy And Infrastructure In Mexico

In an attempt to encourage private investment in the energy and infrastructure sectors, and to offer a vehicle through which different investors are able to participate, the Mexican Government has created a new security to be quoted in the stock markets in the form of certificates to be issued by a Mexican infrastructure and energy trust or Fideicomiso de Inversion en Bienes Raíces for the energy sector (FIBRA-E). Alberto Alvarez of Chevez, Ruiz, Zamarippa y Cia breaks down the most innovative features of the new regime.

The FIBRA-E is intended to provide investors, sponsors and fund managers with a new legal and tax framework suitable for the kind of projects at which this is aimed, based on the legal platform in place for the Mexican Real Estate Investment Trusts or FIBRAs.