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ENERGY REGULATORY COMMISSION EXTENSION OF THE SUSPENSION FOR TERMS AND PROCEEDINGS

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Mexico City, April 7th, 2020.

 

On April 07, 2020 the Energy Regulatory Commission (“CRE”) published in the Federal Official Gazette an administrative resolution declaring the extension of the suspension of all terms and proceedings before such authority until April 30, 2020.

 

The administrative resolution A/014/2020 published today amends CRE´s prior resolution A/010/2020 dated March 24, 2020 (which previously suspended all terms and proceedings from March 24 to April 17, 2020).

 

As per CRE updated resolution, all requirements, promotions and documents filed during the above-referred suspension timeframe shall be understood as if they had been made on May 04, 2020. Suspension would include physical and electronic filings since as per such resolution, it applies to all promotions before CRE.

 

The above determination was made considering the sanitary emergency that Mexico and the world is facing in connection with the disease known as coronavirus or COVID-19 and in particular the recent extraordinary measures to face such disease declared by the Mexican Health Ministry.

 

The lawyers of the energy and infrastructure area at the firm are available for any questions or comments on the above.

SINCERELY,

 

Juan Carlos Serra

serra@basham.com.mx

 

Jorge Eduardo Escobedo Montaño

jescobedo@basham.com.mx

 

Miguel Figueroa Morgado

mfigueroa@basham.com.mx

 

Pedro Reynoso Ramín

preynoso@basham.com.mx