Puerto Vallarta News

Puerto Vallarta News

Mexico’s Alfa to Issue More Shares for Energy Investment

Shareholders will vote on the proposal at a special meeting on Nov. 4, the company said. It did not specify the size of the capital raise.

Alfa's shares fell 4.25 percent to 39.4 pesos in early trading on Monday.

Earlier this year, Mexico finalized an energy reform that ends the decades-old monopolies of state-owned oil company Pemex and national power company CFE, aiming to lure billions of dollars in investment.

Alfa, which manufactures car parts and refrigerated foods as well as petrochemicals, is one of a handful of Mexican companies set to benefit directly from . . .

Read Full Story

Related Posts

puerto vallarta potholes

Puerto Vallarta pothole repair plan set for Jan–Mar

Mayor Luis Ernesto Munguía says a citywide pothole master plan, with monthly priorities for Jan–Mar,...
Charco del Ingenio lines up nature workshops this weekend

Charco del Ingenio lines up nature workshops this weekend in San Miguel

Charco del Ingenio invites visitors Jan. 16–17 with a free cactus workshop, an open science...
Los Cabos launches free Mexican Sign Language courses

Los Cabos launches free Mexican Sign Language courses

IMDIS Los Cabos will offer free Mexican Sign Language courses this winter, with Level 1...
Puerto Vallarta set for International Charro Championship

Puerto Vallarta set for International Charro Championship

Puerto Vallarta hosts the International Charro Championship Jan 29–Feb 1, 2026, bringing elite teams and...