After decades of stagnation, Mexico is finally opening up its state-controlled energy sector to private investment. Newly enacted constitutional reforms are creating a historic opportunity for companies to tap into abundant oil and gas resources—and to modernize creaky energy infrastructure. For first movers, the door is now ajar.
Offshore wind-power projects are high-risk undertakings. Utilities can attract outside capital by optimizing the risk-return profile of these projects—for example, by creating innovative collaboration models.